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

Mercedes-Benz forges alliance with Chinese Momenta for next-gen electric CLA

ArenaEV
Mercedes-Benz has announced its collaboration with Chinese startup Momenta to develop a state-of-the-art intelligent driving solution. This groundbreaking system is set to be integrated into Mercedes-Benz’s forthcoming all-electric CLA model, promising a new era of autonomous driving capabilities. The resulting driving assist system doesn’t require high-definition maps to work. That will enable the electric CLA to navigate and provide assisted… Read more…

Nio’s revenue slips in Q1 as deliveries decline


Nio (NYSE: NIO) reported significantly lower revenue for the first quarter, as it navigated a traditionally weak quarter in a challenging environment. The company reported revenue of RMB 9.91 billion ($1.37 billion) in the first quarter, missing analysts’ expectations of RMB 10.75 billion in a Bloomberg survey, according to its unaudited financial report released today. Read more…