Hyundai to build Tesla knockoff for Chinese EV maker Arcfox
South Korean automaker Hyundai Motors plans to build EVs under the brand Arcfox, a Chinese electric car company co-owned by BAIC Motor Corp.
Expand Expanding CloseSouth Korean automaker Hyundai Motors plans to build EVs under the brand Arcfox, a Chinese electric car company co-owned by BAIC Motor Corp.
Expand Expanding CloseXiaomi Corporation is reportedly facing delays in acquiring a license to make EVs of its own in China under the Xiaomi Automobile brand it registered in 2021. As a result, the behemoth consumer electronics manufacturer is in early talks with Beijing Automotive Group Co. (BAIC) to co-develop EVs in order for the latter to fulfill its promise of delivering its first vehicles by 2024.
Expand Expanding CloseIf there’s a place where established automakers are not shy about making electric vehicle investments, it’s in China.
After recent investments from GM and VW, now Daimler is increasing its electric vehicle investments in the country.
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China has not only become the biggest automotive market in the world, but also the biggest electric car market in the world. In 2016 alone, the country more than doubled its fleet of electric vehicles to now over 600,000 cars – more than the US or all European countries combined. Yet, you probably haven’t heard much about the electric cars sold in volumes in China.
Here we take a look at 3 of the country’s best-selling all-electric vehicles.
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The Chinese auto giant Beijing Automotive Industry Holding Co, through its Beijing Electric Vehicle Co subsidiary, opened a research and development center in Silicon Valley. The center will be dedicated to electric vehicle research.
In its current “launch phase”, the R&D center has just over 20 employees and the company expects them to develop “4 to 6 models per year”.
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