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Renault CEO calls for Auto European plan to protect against ‘onslaught of EVs from China’

Teslarati

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” China is making rapid inroads into the all-electric vehicle segment. In 2023, around 35% of electric vehicles exported worldwide were Chinese. “As

China 101
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BYD Europe aims to beat Tesla & big EU automakers

Teslarati

BYD European boss Michael Shu made bold claims during the Financial Times’ Future of the Car Summit. The Chinese automaker plans to use an aggressive marketing strategy to accomplish its goal. Research from Transport & Environment stated that a quarter of all EV sales this year will be China-made cars.

BYD 83
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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

The auto industry is electrifying, and all new cars will be electric in the relatively near future. Namely: China. Chinese EVs will grow, whether you like it or not China is actually a little late to the EV party. Chinese EV sales have started taking off overseas , particularly in Europe.

Chinese 52
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Chinese Government think tank calls for refocusing auto industry on environment-friendly and energy-saving targets

Green Car Congress

Liu Shijin, deputy director of the Development Research Center of the State Council, one of China’s top government think tanks, told a forum that the government should shift its guidance to automakers from mere pursuit of output capacity to environment-friendly and energy-saving targets.

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Daimler and BYD restructure DENZA joint venture to 10:90

Green Car Congress

Daimler Greater China Ltd. and its long-term Chinese partner BYD Auto Industry Co., The strong support in operations by BYD will facilitate the future success of DENZA, while Daimler stays committed as a shareholder. Daimler and BYD aim to accelerate the development of DENZA in China’s fast-growing NEV market.

BYD 186
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thyssenkrupp opens new development center for powertrain technology in China

Green Car Congress

Industrial and technology group thyssenkrupp has opened a new €10-million (US$10.9 million) development center for engine components in Dalian, China. The Group will concentrate its engine component development and prototyping activities at the 2,000 square meter development center in the future.

China 150
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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 year-on-year and 23.6

Price 141