January 25, 2021

Multi-vehicle crash on northeast Chinese highway kills 18

BEIJING — A crash on a highway in China’s northeast early Sunday killed 18 people, police said.

A minivan rear-ended a tractor and then collided with a car traveling in the opposite direction in Fuyu, a city in Jilin province, local police announced on their social media account.

Eight people died at the scene and 10 more at hospitals, while one more person was being treated for non-life-threatening injuries, the statement said.

It said the cause of the accident was under investigation.

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car

Warren Buffett-backed Chinese car maker announces strong demand for its new luxury electric sedan

  • Demand for luxury electric sedans is on the rise in China.
  • In just over two months, orders for a newly launched premium electric sedan from Warren Buffett-backed automaker BYD have topped 40,000, the Chinese car maker disclosed at the Beijing auto show.
  • Chinese electric vehicle start-up Xpeng, which listed in New York last month, also said on the weekend that demand for its P7 luxury sedan is on the rise.



a silver car on display: Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show.


© Provided by CNBC
Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show.

BEIJING — Demand for luxury electric sedans is on the rise in China.

In just over two months, orders for the “Han” line of electric cars from BYD — a Chinese automaker backed by billionaire Warren Buffett — have topped 40,000, the company disclosed at the Beijing auto show this past weekend. 

The luxury

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Chinese Startup Xpeng Shows Off New Flying Vehicle At Beijing Auto Show

KEY POINTS

  • The flying electric car can carry two people and levitate from 5-25 m
  • It was not made clear when the car will hit the market
  • Alibaba-backed Xpeng went public on the New York Stock Exchange in Aug

Xpeng, an Alibaba-backed electric vehicle startup based in China that is developing a series of electric flying vehicles, unveled its first prototype at the Beijing Auto Show on Saturday.

The vehicle, named Kiwigogo, can carry two passengers and levitate at least 5 meters and up to 25 meters, the South China Morning Post reported. It looks like a drone and is installed with eight turbofans. Kiwigogo was developed by Xpeng Heitech, a tech unit of Xpeng (NYSE: XPEV).

The flying car is still in its concept phase and there is little clarity as to when it will hit the market.

“Xpeng’s efforts in the electric air-enabled mobility space will remain focused

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