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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. Stellantis invested €1.5

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Chinese language EV makers pin hopes on Europe’s auto sellers

Baua Electric

since 2009, bought greater than 100,000 automobiles in Europe closing generation and says it recently has greater than 800 distribution issues at native automotive sellers throughout Europe and the United Kingdom. ” The post Chinese language EV makers pin hopes on Europe’s auto sellers appeared first on Bauaelectric Auto News.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. —Energy-saving and new energy vehicle plan.

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Chery's NEV unit cuts vehicle prices by up to 10%

CN EV Post

Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. In January-February, Chery's NEV sales were 13,293 units, down 57.6 percent from 31,367 units in the same period last year.

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NIO keeps goal of doubling sales this year despite price war causing greater challenges

CN EV Post

NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. The price war has had a big impact on the auto industry, and NIO will not follow suit. Photo taken by CnEVPost.) percent from a year earlier and up 14.3

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Ford and Zotye forming JV in China for EVs; Ford’s third JV in the country

Green Car Congress

Ford Motor Company and Zotye have agreed to establish Zotye Ford Automobile Co., The all-electric vehicles produced by the JV will be sold under a new Chinese brand designed to meet Chinese consumers’ aspirations for electric vehicles. Zotye Auto is a pioneer in the Chinese all-electric vehicle segment.

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The révolution is on: France has record year in EV sales

Baua Electric

In 2023, 26% of new cars sold in France were battery electric and plug-in hybrid vehicles, a huge 47% jump from 2022. According to French auto industry group Plateforme automobile and reported by RFI , 26% of new cars sold in France were battery electric or plug-in hybrid vehicles, amounting to 1,774,729 new cars.

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