New Compact SUV ES3 Coming from Chinese Electric Automaker Nio

New Compact SUV ES3 Coming from Chinese Electric Automaker Nio

Chinese electric car startup Nio is planning to introduce a new model before the end of 2019. The new model, marking the company’s third vehicle, will be another electric SUV called the ‘ES3.’

Linde buys 10 percent stake in Green hydrogen producer Hydrospider

Linde buys 10 percent stake in Green hydrogen producer Hydrospider

The Irish-domiciled industrial gases group Linde has revealed in a recent announcement that it has acquired a 10% stake in Swiss ‘green’ hydrogen producer and supplier Hydrospider AG.

Tesla upgrades Superchargers across Europe to 150kW capacity

Tesla upgrades Superchargers across Europe to 150kW capacity

US electric vehicle maker Tesla is upgrading its V2 Superchargers in Europe, increasing the charging capacity of the Superchargers to 150 kW from the current 120 kW.

Smartphone Production Registers 10.5% Quarterly Growth

Smartphone Production Registers 10.5% Quarterly Growth

Smartphone production has registered an impressive growth of 10.5 percent during the last quarter, compared to the same period last year.

President Trump backs down on Higher Tariffs on Chinese Goods

President Trump backs down on Higher Tariffs on Chinese Goods

President Trump backed down on his tariffs increase on Chinese goods as the stock markets plunged. As the treasury yields turned negative, stock markets witnessed strong selling.

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News in Focus

Porsche unveils final production version of ‘Taycan’ all-electric car

German automaker Porsche officially unveiled the final production version its first all-electric car -- the ‘Taycan’ -- on Wednesday, September 4, 2019.

BMW to discontinue hybrid i8 production by April 2020

In a recent press release, German automaker BMW has indicated that it will stop producing its i8 plug-in hybrid sports car from April 2020.

Fraunhofer ISE develops EV solar roof with highly efficient solar cells

Germany-based Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has developed solar roofing for electric vehicles (EVs), in an apparent effort to increase their driving range.

CNH Industrial invests $250M in e-truck start-up Nikola

In a recent statement, UK-headquartered capital goods company CNH Industrial has revealed that it is making a $250-million investment in US startup Nikola, which specializes in the production of el

Evergrande cooperates with Benteler and FEV to advance its EV plans

According to Chinese media reports, the country’s renowned real estate group Evergrande is cooperating with two German companies to advance its ambitious electric vehicle (EV) plans.

Virginia plans Electrification of Public School Buses

In a recent announcement underscoring an environment-friendly move, the US state of Virginia has said that it is planning the electrification its public school bus fleets.

Charter Plane Start-up Quantum Air will purchase 26 small electric aircraft

In a recent announcement, Los Angeles-based charter start-up Quantum Air has revealed that it has signed an agreement with Denver-based Bye Aerospace, for the purchase of 26 small electrically-powe