Industry

Volkswagen CEO says its electric cars will bring profits next year
For major car companies in the world, it is a long way to go to achieve profitability through electrification. GM had previously stated that it had no intention of making money fro ...
BMW unveils first all-electric concept car i4 with a range of 600 km
The BMW Group released its first all-electric Gran Coupe BMW i4 at its Munich headquarters on March 3. ...
Chinese EV startup Byton's first car will be available in Europe in 2021
At the 2019 Frankfurt Auto Show, Byton, a Chinese electric-vehicle startup, unveiled its first mass-produced model, the Byton M-Byte, and it finally has a timetable for hitting the ...
BMW surpasses Tesla in global sales of new energy models in Jan
As an electric vehicle company, Tesla has an absolute advantage in the manufacturing of electric vehicles. However, in the global new energy market in January, Tesla failed to main ...
Luxury car owners more reluctant to show courtesy to pedestrians, research says
The higher the value of the vehicle, the lower the probability that the owner will show courtesy to pedestrians, a recent study by the University of Nevada-Las Vegas showed. ...
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), ...
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 ...
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 op ...