The Chinese electric car startup WM Motor has been able to generate nearly 400 million euros in a financing round led by Baidu. Other investors in the new round are Linear Venture and the Taihang Industrial Fund.
The fresh capital should flow primarily into research and development. Among other things, Weimar Motors and Baidu are preparing a common research center for the development of autonomous driving solutions.
In the spring of 2018, the company started selling the Electric-SUV in China. Three battery variants are available for ranges of 300, 400 or 460 kilometers.
Koreans have prepared a luxury electric car. Genesis, owned by Hyundai, showed a luxury electric coupe called Essentia at the New York Auto Show. This is the first premium electric car from Hyundai. And it has all the creative… Continue reading
The Canadian manufacturer Lion Electric, which was previously known for its electric school buses, is expanding its range of electric utility vehicles with the launch of its first electric truck called Lion8 - a Class 8 vehicle… Continue reading
Hyundai Motor has introduced its first electrically powered double-decker bus. From when and in which countries the new 70-seater is to be sold, is not yet known. The development of the vehicle began in 2017 and was funded by the South Korean… Continue reading
When we talk about electric cars a very common but wrong rumor is that they only work well for city routes, but not for large journeys. Recent times have shown the opposite. Tesla, thanks to its network of Superchargers, has made it clear that with the right… Continue reading
