Lawrence Stroll, the world’s poorest billionaire, has apparently awoken from his Scrooge McDuck like slumber and finally realized that his ownership of both Aston Martin road cars and Aston Martin F1 could very quickly eat into his personal $2bn fortune. Aston Martin is $1 billion in debt and possibly requires at least another $1 billion […]
Auto News Concerns Grown For Hongqi’s Wellbeing As E111 EV Sedan Shows A Lack of Respect For Design Culture
China is going through a cultural revolution at the moment, a design culture revolution. And, as with any revolutions, the intentions start well but rarely do revolutions end well. And so it is for poor unfortunate Hongqi, a company that began life under communist China, making cars exclusively for high ranking government officials. But China […]
The BMW iX3 EV is BMW taking the electric car game to the mainstream. The iX3 is the company’s first fully-electric crossover and will be built exclusively at its Shenyang production facility in China. The Coronavirus pandemic has not derailed the intended summer launch date and preparations are proceeding according to plan. The all-new iX3 […]
BYD, a Chinese manufacturer of automobiles, battery-powered bicycles, buses, forklifts, solar panels, rechargeable batteries, has revealed its brand new pure electric flagship model aimed squarely at the premium luxury saloon market. The BYD Han EV will available to buy in Europe. The Han EV is the first full-electric passenger car equipped with BYD’s so-called ‘Blade […]
Industry News Chinese Demand For Tesla Slows As Coronavirus Spreads Fear, But The Biggest Killer Will Be Trade Wars
As the Coronavirus spreads to all parts of the world, the epi-center of the global pandemic is experiencing falling consumer demand in all retail sectors. Tesla is one of many examples where the automotive retail trade has been hit hard. New car registrations for Tesla during January 2020, were down 46 percent compared to the […]
