Industry

Toyota and FAW plan to build electric vehicle plant in Tianjin
Japanese automaker Toyota and its partner FAW Group plan to build a new electric vehicle plant in Tianjin with a planned investment of about 8.5 billion yuan (about $1.22 billion), according to Reuters.
BMW i3 2020 goes on sale in China, price down by 34,000 yuan
The 2020 model of BMW's first new pure electric i3 was launched in China recently, with a price tag of 305,800 yuan ($43574).
Pony.ai valued at $3 billion in Series B funding, record high in China's self-driving industry
On February 26, autonomous driving company Pony.ai announced that it had raised $400 million in financing from Toyota Motor Corporation to deepen and expand cooperation between the two companies in the field of mobility.
Audi E-Tron SUV production suspended due to battery shortage
Due to battery shortages, Audi temporarily suspended production of its electric SUV E-Tron.
Volvo's Polestar teases new concept car set to debut in Geneva Motor Show
Volvo's Polestar brand recently released a preview image of its new electric concept car, which is expected to officially debut at the 2020 Geneva Motor Show that is set to open on March 3.
Audi unveils images of e-tron S Sportback, a beast with up to 496 horsepower
Recently, Audi announced the power information of the Audi e-tron S and Audi e-tron S Sportback pictures. The latter's maximum power can be increased to 496 horsepower in a short time.
Chevrolet launches first electric car 'Menlo EV' in China
Chevrolet recently released a brand-new pure electric vehicle - Menlo EV in the Chinese market, which is its first pure electric vehicle in the Chinese market.
Lotus to deliver first supercars after Geely investment
Lotus has announced that the prototype of its new all-electric supercar, Evija, is off the assembly line at its factory in Hessel, Norfolk, UK.
Alibaba-backed AutoX applies for self-driving car test in California
Alibaba-invested Chinese startup AutoX has applied to test self-driving cars in California without human drivers. This will be another self-driving car test without a human driver after Waymo.