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Tag Archives: china

Tesla To Build First Factory In China To Reduce Cost

tesla-motors

Tesla Motors, the popular American manufacturing company of electric cars is looking to set up a factory in Shanghai, China. The automakers have found out that it would cut a lot of costs such as the 25%  import tax currently applied on its existing Model S and Model X and would definitely help …

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Acura CDX Will Be The Baby Of Acura SUVs (CDX)

acura-cdx

Acura is considering the CDX which will be smaller than the MDX and RDX. Although it is currently sold in China.. the automaker intends to expand its market to remain competitive. Major competitors are BMW X1, Audi Q3, Benz GLA etc. The Acura CDX rides on the same platform with the …

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Volvo Makes Plans For An Electric Vehicle

Volvo is known for its strength and ruggedness ,they are about to take it a step further . At the recently held Shanghai Auto Show,they made it known that they would be building an electric car soon and it would be made available in 2019. They haven’t given any info …

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Dangote Group floats $100m truck assembly plant In Lagos

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Dangote Group of Companies has established a $100million truck assembly plant in Lagos as part of its efforts toward boosting foreign exchange and job creation in the country. The group said in a statement on Sunday in Lagos that the plant was floated by the group in partnership with National …

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