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China’s Chery to set up shop in Europe

Baua Electric

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. This would be Chery’s first manufacturing site in Europe. Given the slow uptake of electric vehicles in Spain, Chery says it plans to make combustion engine, hybrid, and electric vehicles there.

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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia.

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EV gameplan: Strategic tie-ups, fund raising, the way forward | Autocar Professional

Baua Electric

Skoda not only leads Europe’s largest car maker Volkswagen Group’s operations in India, it also steers the low-cost vehicle architecture projects, for both internal combustion engines (ICEs) and electric vehicles (EVs). The low market share of the remaining OEMs in the mass market space makes it tough for them to survive.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

and Chery Automobile Co. and Chery Automobile Co. Some of the new and updated models, such as a battery-powered version of Geelys Panda hatchback, may hit the market as early as October, and in some cases they might carry price tags low enough for farmers and other rural residents with limited financial means. in late 2010.

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Report: BYD Plotting New EV Factory in Mexico

The Truth About Cars

That particular model starts at the Chinese equivalent of $14,000 on the domestic market. Of those, Chinese vehicles accounted for more than 120,000 , a gain of 60 [percent], business newspaper El Financiero reports. CEO Elon Musk has indicated the new Mexican factory will be a mass production hub for low-cost EVs.

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