BYD, Tesla, Bosch, Daimler, Volkswagen, Mahindra.

BYD opened first plant in Europe: The Chinese manufacturer has started production of electric buses in its new assembly facility in Komárom in northern Hungary as planned. Up to 400 EVs for the European market shall roll off the lines here every year from now. At a later time electric trucks and forklifts are planned, too. As reported, a second plant in France is to follow in the first half of 2018 with an annual capacity of up to 200 buses.
bbj.hu, chinadaily.com.cn

Tesla now most valuable carmaker: Forget yesterday’s news that placed Tesla’s on rank two of the State’s most valuable carmakers in terms of market capitalisation. Tuesday’s stock trading catapulted the Californian EV maker also above GM. Tesla’s shares thus cracked the 300 dollars mark, market cap leaped up to 53bn dollars. Besides, new photos emerged showing a Model 3 “release candidate.”
cnet.com, theverge.com, www.teslarati.com (Model 3)

German duo for autonomous driving: Bosch and Daimler want to push the development of fully automated and driverless driving together as they seek to make fully automated (level 4) and driverless (level 5) rides possible by the beginning of the next decade. First and foremost, the new technology is supposed to boost car sharing. Corresponding to its CASE strategy (Connected, Autonomous, Shared and Electric), Daimler will supposedly contribute EVs – the press release already shows a prototype F 015.
greencarcongress.com, media.daimler.com

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Forth I.D. concept at the IAA? Volkswagen is said to present another model build on its MEB architecture at the IAA this September, Autocar reports. This sedan would be the fourth model based on MEB after the show car I.D., the I.D. Buzz and an electric SUV, which VW is about to unveil in Shanghai.
autocar.co.uk

Electric buses by Mahindra: From 2018, Indian’s carmaker giant Mahindra intends to include electric buses in its line-up. Currently, its engineers develop appropriate electric drive systems. In the next two to three years, Mahindra aims at selling up to 100,000 electrified vehicles – buses as well as cars.
livemint.com