The World’s First Fully Electric Vertical Take-Off And Landing Flying Car Is Unveiled In China
XPENG AEROHT, the largest flying car company in Asia, released the latest version of the world’s first fully electric vertical take-off and landing (eVTOL) flying car last week in China, according to a press release by the company. Designed for…
China’s BYD Extends Lead Over Tesla After Stealing Its Crown, As Chinese Drivers Opt For Cheaper Models
BYD, the Chinese carmaker backed by Warren Buffett’s Berkshire Hathaway, has extended its sales lead over Tesla as a growing number of Chinese drivers make the switch to battery-powered vehicles at the lower end of the price spectrum. The Shenzhen-based…
Volkswagen to plough €2.4B into vehicle automation in China and form JV with Horizon Robotics
Volkswagen is accelerating the pace to automate its electric vehicles for Chinese customers. CARIAD, a wholly owned automotive software company of the German auto behemoth, intends to set up a joint venture with Horizon Robotics, one of China’s most serious…
China’s Electric Trucks May Well Pull Forward Peak Oil Demand
Electric trucks are grabbing a lot of headlines lately. Elon Musk announced Tesla Semis will start shipping to PepsiCo in California. Volvo is delivering battery-powered big rigs to Amazon in Germany. But few markets are electrifying quite like China, where…
Tesla’s China-made Sales Hit Record Following Shanghai Factory Upgrade
Electric vehicle maker Tesla Inc sold 83,135 China-made vehicles in wholesale in September, smashing its record of monthly sales in China, according to a report released Sunday by the China Passenger Car Association (CPCA). The number marks an 8% increase…
