Chris Bangle's highly unusual REDS electric car aims at young, affluent Chinese looking for a "fourth space."
SHANGHAI — Ford has plans for a joint venture with Chinese firm Anhui Zotye Automobile to build electric vehicles in China under a new brand, tapping into a boom for EVs in the world's top auto market. China, struggling with alarming pollution levels in major cities, is aggressively pushing plug-in vehicles and has poured in tens of billions in investment, research funding and subsidies, drawing many new automakers to launch projects. Tesla, Daimler AG and General Motors are among firms
London-based BP is however examining different ways to get involved in the sector.
The money will go to clean up existing gas engines and invest in future electric ones.
Beijing and Shanghai are leaving exclusive name brands like Tesla in the non-pulling dust. But don't bet against the U.S. just yet.
Report from Autocar that Audi plans on assembling a lineup of EV cars starting with the E-Tron SUV.
Each week we compile the best announcements and developments from the world of cars.
Every week we compile recent industry news and interesting reads that shouldn’t be missed.
The electric car is still shrouded in mystery.
The popularity of alternative fuel vehicles has grown rapidly in recent years.