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Fiat Group and Guangzhou Automobile Group Creating JV for Chinese Market

Green Car Congress

The agreement was signed in Rome by Zhang Fangyou, Chairman of GAC Group, and Sergio Marchionne, CEO of Fiat Group, in the presence of the President of the People’s Republic of China, Hu Jintao, and the Prime Minister of Italy, Silvio Berlusconi. Fiat Group and Guangzhou Automobile Group Co. The first engines will be the Fire 1.4L

Chinese 199
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Asian EV Manufacturers You Should Know

Clean Fleet Report

It ended production of pure internal combustion engine cars last year. Zhidou Zhidou is a Chinese manufacturer of electric microcars. However, Zhidou has sold a number of cars in Italy and several other European countries. It is also currently the best-selling car brand in China. Already, BYD buses are common across the US.

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Lamborghini Breaks Historic Sales Record

The Truth About Cars

Lamborghini has broken its own sales record by delivering over 10,000 automobiles in 2023. The premise is that they’re different from mainstream automobiles and should be treated as such. “We Sales were primarily driven by the Urus, with 6,087 vehicles delivered, and the Huracán, boasting 3,962 units.

Sale 88
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Markets were significantly hit in Italy, France, Spain, Austria, Ireland, Slovenia, Greece and Portugal, where the combined volume fell from 634,600 units in March 2019 to 161,800 units last month. MG (owned by the Chinese SAIC) was the only group to post an increase in registrations, with its volume jumping from 1,327 to 2,592 units.

Europe 261
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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

ZAP and Jonway Group announced they had earlier signed definitive agreements according to which ZAP will acquire 51% of Zhejiang Jonway Automobile Co. ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. million in cash.

China 218
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BAIC BJEV opens Silicon Valley EV research center, planning another for Europe

Green Car Congress

This new center, established in affiliation with the Beijing New Engineering Research Institute, has more than twenty employees in its current launch phase, and will be dedicated to the research and development of four to six models per year. BJEV plans to bring a complete lineup of alternative energy automobiles to market.

Europe 150
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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Silent engines, positive impact on the environment, and decreased fuel costs are all reasons for this transition to EVs. Furthermore, a BCG report from earlier this year even predicted EV sales to overtake internal combustion engine (ICE) car sales by 2030. As the automotive market takes a dive, EVs show strength.

Economy 52