BYD has debuted its SkyRail monorail system at its headquarters in Shenzhen, China. The SkyRail is meant to help people move around the city while reducing congestion in urban areas. It represents an investment of about $757 million and five years of work for BYD to introduce its new mass transit solution, as the company seeks to expand upon its battery, car, and electric bus successes. In many of the world's most congested cities, BYD sees layered transportation (surface, underground, and elevated) as an inevitability. The company cites cost, build time, quietness, and topographic flexibility as benefits to its monorail system, and says it can accommodate 10,000 to 30,000 passengers an hour. Read more in the press release.

BMW plans to add a roadster version of the i8 within two years. The plug-in hybrid sports car went topless as a concept at the 2012 Beijing Motor Show, and has been repeatedly delayed for production since then. Now, without offering any other details, BMW CEO Harald Krueger says it will join the lineup in 2018. Krueger does, however, say that orders for the latest i3 with increased range are "very positive." Read more at Automotive News Europe.

GM is expanding its Maven carsharing service to San Francisco. It is the ninth market for Maven, and the location puts it into competition with the likes of Zipcar and Getaround. GM is hoping to capture the business of younger drivers who are more interested in access to cars than actual ownership. "Either GM spends money to convince someone who doesn't want a car to buy a car, or spends it getting into another business," says Maven COO Dan Grossman, though getting GM's cars in the hands of prospective owners is another benefit of the program. Read more at Automotive News.

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