German Auto

BMW on Sunday unveiled the iX3, the first all-electric midsize SUV in the history of the BMW Group, and the first product to be sold to the global market with China as the sole manufacturing base.

Volkswagen has officially started internal testing of its ID.3 electric car.

BMW and State Grid EV Service signed a cooperation agreement, the two sides will open strategic cooperation in three areas: charging technology research and innovation, charging service product cooperation and promotion, and promoting "new energy power for new energy vehicles".

Volkswagen AG is poised to buy 50% of Anhui Jianghuai Automobile Group Holding, the parent of EV partner JAC Motors, for at least 3.5 billion yuan ($491 million), Reuters reported Wednesday citing people familiar with the matter.

Although Volkswagen is the overlord of traditional fuel vehicles, it is slightly behind in electric vehicles. However, the emergence of Volkswagen's new ID.3 is expected to change this situation.

In the field of new energy vehicles, in addition to electric vehicles, hydrogen fueled vehicles have also attracted much attention.

With the spread of the new coronavirus epidemic in overseas regions, Europe and North America have become more severe regions.

Porsche recently announced that Taycan electric vehicles will officially enter the Chinese market next month.

Now that social distance has become the new normal around the world, on Wednesday local time, German car manufacturer BMW chose to publish its annual financial report in the form of digital channels.

Daimler Group companies Mercedes-Benz and BMW are adding a series of plug-in hybrid vehicles to reduce carbon dioxide emissions, thereby meeting the stricter EU regulations this year.