Industry News
Volkswagen is working on entry-level EV ID.1
Volkswagen said it is developing ID.1, an entry-level electric car with a target price of $22,000, according to UK’s CAR magazine
BMW launches new logo
Earlier this month, BMW released a new brand LOGO which will be applied to the i4 concept car first. On the evening of March 16, BMW China announced on its official Weibo that the new logo will be fully used in brand communication.
Volkswagen reaffirms stance on electric vehicles as oil plunges
Affected by the international environment, Saudi Arabia launched an oil price war, which drastically lowered crude oil prices, making international oil prices continue to fall.
Volkswagen says its first EV will be cheaper than gasoline cars
Volkswagen is preparing to launch the first new electric vehicle ID.3 based on its MEB platform. The company said it plans to deliver 30,000 ID.3 cars "almost simultaneously" and said the car would be cheaper than a gasoline car.
Volkswagen exec says Tesla's tech is 10 years ahead of competitors
Thomas Ulbrich, a Volkswagen board member in charge of the electric vehicle business, said on Thursday that Tesla, a U.S. electric vehicle maker, is 10 years ahead of competitors in manufacturing electric vehicles and developing software.
Geely announces 'Healthy Car' project plan
Recently, Geely Automobile Research Institute released Document No. 2 of 2020, officially announcing the overall plan and phased goals of the "All-round Healthy Car" project.
Samsung's new battery tech may allow EVs to reach 800+ km range
Samsung has recently developed a solid-state battery that allows an electric vehicle (EV) to continue to travel for 500 miles (about 800 kilometers) when fully charged. This technology has greatly increased the power density of EV battery technology.
Hongqi H9, China 'Rolls-Royce', files for regulatory approval
Affected by the new coronavirus epidemic, sales figures of Chinese car companies entering 2020 have fallen almost across the board, but sales of Hongqi, a brand under China's FAW Group, have achieved growth.
BMW i8 electric sports car to be discontinued next month
After producing about 20,000 units, the classic plug-in hybrid sports car BMW i8 will be officially discontinued next month.
China passenger car sales down more than 80% in Feb
In February this year, China's auto output and sales were 285,000 and 310,000, respectively, which were down 83.9% month-on-month and 79.8% and 79.1% year-on-year respectively, according to the China Automobile Industry Association.