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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. billion in Leapmotor , acquiring 20% of the Chinese company and becoming a significant shareholder.

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CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market. For more articles, please visit CnEVPost.

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

Teslarati

million electric vehicles sold in 2023, according to the Chinese Passenger Car Association, or 60% of the global total), it already had [a] market share of close to 4% in Europe in 2022. In 2023, around 35% of electric vehicles exported worldwide were Chinese. “As Buoyed by its huge domestic market (8.5

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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

Green Car Congress

China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. of the total.

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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 has made progress with automotive energy-saving technologies over the past 10 years through implementing passenger car fuel consumption limits and the use of fiscal policy to encourage the purchase of small cars, the government statement noted. 2012 Chinese Auto Industry Development Report. L/100km (52.3

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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 The center in Dalian will focus on the development of innovative valve train products specifically for the Chinese market. The center in Dalian will focus on the development of innovative valve train products specifically for the Chinese market.

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ICCT and CATARC to collaborate on research on LDV fuel efficiency technologies for China

Green Car Congress

The International Council on Clean Transportation (ICCT) and the China Automotive Technology and Research Center (CATARC) recently finalized a memorandum of understanding detailing the two organizations’ intentions to collaborate on a joint research project analyzing passenger vehicle technologies and costs in China.

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