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.
Renault has introduced the new Clio E-Tech, the hybrid version of its popular Clio, at Brussels Motor Show. The new Renault Clio E-Tech has as its main engine a 1.6 petrol engine, which is combined with two other electric motors.… Continue reading
Xiaomi finances the launch of a new contender for the title of the smallest folding electric bike. It is claimed that a model called HIMO H1 is smaller than any existing counterpart. It is a perfect solution for those who… Continue reading
The Finnish startup Verge Motorcycles, known in the past as RMK Vehicles, has unveiled the first photos of the Verge TS electric motorcycle that aims to challenge the Harley-Davidson LiveWire. The development of this battery-powered two… Continue reading
The bicycle division at Peugeot has expanded its portfolio with the eT01 Crossover electric bike. The Peugeot eT01 Crossover e-bike is available in six versions at prices starting at 2,500 euros. eT01 electric… Continue reading
