Volkswagen will spend $700 million for 4.99 percent of XPeng; the carmakers will co-develop two mid-size EVs for China coming in 2026.
Month: July 2023
Li Auto's direct offline stores will increase to more than 800 next year, more than doubling the current number, according to local media.
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Through Volkswagen's partnership with Xpeng and Audi's with SAIC, Volkswagen is strengthening its position in the Chinese auto market, the German auto giant said.
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Solar power is on trend as a free and sustainable energy source. You may have already installed a home solar system on your roof and are benefiting from it. But merely a solar system isn’t a sure card. What if there’s a long power outage occurring just on rainy days? Invest in a battery, all […]
The Volvo EX30 took the world by storm, simultaneously taking the crown as the most affordable Volvo, the smallest Volvo ever, and the fastest Volvo. As a subcompact hatchback, it is purpose built to assault European and Asian markets with their preference for smaller vehicles that are well suited by buyers in high-density cities. In […]
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Continue reading 7 major automakers to build open EV charging network
7 major automakers to build open EV charging network originally appeared on Autoblog on Wed, 26 Jul 2023 10:24:00 EDT. Please see our terms for use of feeds.
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The charging stations will be accessible to all BEVs from any automaker, as they will offer both CCS and NACS connectors.
The charging stations will be accessible to all BEVs from any automaker, as they will offer both CCS and NACS connectors.
After the completion of this investment, Volkswagen will hold 4.99% equity in Xpeng and join the board of directors.
The post Volkswagen invested 700 million USD in Xpeng and obtained 4.99% equity appeared first on CarNewsChina.com.
Nissan is recalling 2018-2023 Leaf electric cars to address a potential issue that could cause vehicles to accelerate unintentionally after using cruise control. The recall covers Leafs manufactured from September 29, 2017, to March 15, 2023, according to the National Highway Traffic Safety Administration (NHTSA). The recall population of 66,159...