Chinese smartphone giant Xiaomi Corp (1810. HK) will build a plant that can produce 300,000 vehicles annually in Beijing for its electric vehicle unit, authorities in the capital said on Saturday. The plant will be constructed in two phases and Xiaomi will also build its auto unit’s headquarters, sales, and …
Read More »BMW and Jaguar Land Rover to jointly develop electric car parts.
BMW and Jaguar Land Rover on Wednesday said they will jointly develop electric motors, transmissions and power electronics, unveiling yet another industry alliance designed to lower the costs of developing electric cars. Both carmakers are under pressure to roll out zero-emission vehicles to meet stringent anti-pollution rules but have struggled …
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