• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Baidu’s autonomous EV marque JIDU garners $400 million Series A funding round to support ‘Robocar’ launch in 2023


Intelligent EV startup JIDU announced a closed round of Series A funding that raised nearly $400 million dollars. The financing was led by JIDU’s parent company Baidu Group, and its business partner Zhejiang Geely Holding Group – the largest auto manufacturer in China. JIDU plans to use the funds for R&D of its teased “Robocar” concept, aiming for mass production in 2023. More…

Bentley announces ‘Beyond100’ sustainability strategy, investing nearly $3.4 billion to go all-electric by 2030, five new BEVs starting in 2025


Luxury automotive manufacturer Bentley is yet another Volkswagen Group subsidiary falling in line with its parent, vowing an all-electric future for its vehicles. Bentley Motors has shared details of its “Beyond100” sustainability strategy, with includes large investments in EV production, a “Dream Factory” revamp in the UK, and carbon neutrality by 2030. More…

GM announces its largest investment ever, $7 billion, toward an EV production capacity over one million units by 2025


Fresh off recent battery production news, General Motors (GM) is investing further into its US EV production, particularly in Michigan. In fact, the American automaker has announced a sum of $7 billion, its largest single investment in its 113 year history. The premium investment will be used overhaul EV and battery cell production, thus creating 4,000 new US jobs. More…