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NIO’s expansion into German, Dutch, Danish and Swedish markets coming with buildout of battery swap stations

Green Car Congress

China-based smart electric vehicle company NIO unveiled details of its products and services for Germany, the Netherlands, Denmark, and Sweden at a European launch event in Berlin. This expansion follows NIO’s entry into the Norwegian market last year. The three NIO models for Europe are derived from NIO’s latest NT2 platform.

Market 243
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New HERE-SBD index identifies EV leaders and laggards in the US and Europe

Green Car Congress

Location data and technology company HERE Technologies, in conjunction with SBD Automotive, a global automotive research firm, published an interactive index that shows the developing state of electric vehicle (EV) demand and infrastructure readiness across the United States and Europe.

Europe 170
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BYD expands reach in Europe with best-selling Atto 3, Seal EV launching in Greece

Baua Electric

China’s leading EV maker, BYD , is expanding its presence in Europe by launching its best-selling Atto 3 and Seal in Greece. BYD expands in Europe, launches two new EVs in Greece BYD is “just getting started” in Europe, according to the region’s CEO, Michael Shu. share of the European EV market.

Greece 52
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Tesla slashes prices across Europe on Model Y

Baua Electric

The 2024 Model Y (Source: Tesla) Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, according to CNBC. And BYD is looking to make some serious moves in Europe, and now that it will be building EVs in Hungary in the next couple of years.

Europe 97
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BEV overtake diesels sales for the first time in Europe

Electric Cars Report

In June 2023, the EU car market grew by 17.8% Except for Hungary (-1.4%), all the EU markets grew, […] The post BEV overtake diesels sales for the first time in Europe appeared first on Electric Cars Report.

Europe 75
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.

Companies 430
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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.

Chery 52