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Volkswagen Group China unveils its first eVTOL passenger drone prototype: V.MO

Green Car Congress

Volkswagen Group China unveiled its first electric Vertical Take-Off and Landing (eVTOL) passenger drone prototype, as part of its strategy to explore and break new ground in fully electric and sustainable individual mobility concepts. The launch of this stunning validation model—the V.MO—is

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BMW Group extends joint venture contract in China until 2040

Green Car Congress

The corresponding amendment to the contract comes into force with the new “business licence”, which BBA received today from the relevant Chinese authorities. BMW Group now holds 75% of the shares in BBA, while its Chinese partner, Brilliance China Automotive Holdings Ltd. against 2020). CBA), indirectly holds the remaining 25%.

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BMW Group to build future MINI E vehicles in China with Great Wall Motor

Green Car Congress

The BMW Group and Great Wall Motor have launched a new joint venture—Spotlight Automotive Limited—and are building a joint plant in China, where the BMW Group will produce future fully-electric models of its MINI brand. The construction phase is planned for 2020 to 2022.

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Volkswagen starts pre-production in first China plant focused only on e-mobility; MEB-based vehicles from Oct 2020

Green Car Congress

Celebrating the start of pre-production, a first China-specific all-electric Volkswagen ID. The start of series production of all-electric cars based on the MEB platform in Anting is scheduled for October 2020. family in China as well, a brand-new generation of fully electric and connected vehicles.

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BMW Dadong plant closing in on standard production of iX3 EV

Green Car Congress

The BMW Group will release the new BMW iX3 EV ( earlier post )onto the market by the end of 2020. The first of these electric vehicles will be delivered to customers by the end of the year. This is the first time we have completed the entire homologation process for a fully electric model in China and Europe at the same time.

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Ford reaches $100B market cap thanks to the Jim Farley Effect

Teslarati

Ford Motor Company ( NYSE: F )captured a $100 billion market capitalization earlier today as shares surged over 4% on Thursday. Ford’s stock has increased in value by over 269% since CEO Jim Farley took his post as head of the automaker in October 2020. BYD shares were down less than 0.5%

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Audi and FAW establishing new JV company for production of PPE-based EVs in China

Green Car Congress

Audi and FAW are forming a new new cooperation company for the future production of PPE-based electric vehicles in Changchun in the northeast of China. PPE will take on the role in the world of electric vehicles that the modular longitudinal platform (MLB) holds in vehicles powered by combustion engines. FAW Audi Sales Co.,

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