Chinese electric car start-up Youxia Motors has raised nearly $ 800 million in a new round of financing. It's the first notable news from this company that introduced a Tesla Model S clone called Youxia X in mid-2015 .
A dozen companies are said to be among the new investors, including the China National Environmental Protection Corporation. According to the company, the $ 800 million increase the value of the company to the equivalent of $ 1.9 billion.
In addition, Youxia Motors announces plans to start construction of a plant in Huzhou later this year with a production capacity of 200,000 electric cars a year. The plan is to manufacture there the Youxia X.
The electric sedan has 348 hp (256 kW ) and an autonomy of 285 miles (460 kilometers) with a 85 kW battery pack. YOUXIA X takes only 2.8 seconds to speed up from 0-60kilometers.
Volkswagen has chosen the 2018 Geneva Motor Show for the official launch of the I.D. VIZZION electric sedan. This is the fourth vehicle of the line announced by the German company after the ID, the ID Crozz SUV and the ID Buzz… Continue reading
The Audi e-tron GT is the latest electric car from VW. The first electric sedan from VW celebrated its world premiere on Tuesday evening. The Audi e-tron GT shares the technology with the Porsche Taycan but positions itself below in terms of… Continue reading
The future Mercedes-Benz G-Class electric could be called the EQG and it could be launched in 2024, according to unofficial information published on a forum of electric car fans. The information shows that the German manufacturer has… Continue reading