Auto Chinese Hungary Industrial 
Baua Electric
MARCH 14, 2024
MG Motors, a unit of Chinese automaker SAIC, will open a second European parts centre by the summer of 2024 in France to meet the country’s growing demand for its vehicles, a spokesperson told Reuters on Thursday. SAIC is currently evaluating whether to build a factory in Europe.
Green Car Congress
MAY 3, 2023
This marks SKIET’s first large-scale supply of EV battery separators to a Chinese EV battery manufacturer. Sunwoda’s major customers for its batteries include Geely Auto Group, Dongfeng Cummins Engine Co., Shanghai Automotive Industry Corporation Motor, Volvo Cars, and Volkswagen.
Baua Electric
JANUARY 2, 2024
The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. BYD, the country’s dominant automaker in the world’s largest auto market, released its sales numbers yesterday. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering.
Baua Electric
JANUARY 11, 2024
South Korea’s SK On plans to start mass producing lithium iron phosphate (LFP) batteries as early as 2026 to supply several automakers as it pushes to deliver a lower cost battery chemistry favoured by its Chinese rivals, a senior executive said. We have to compete with the Chinese LFPs. Maybe it’s not easy,” he said.
Baua Electric
JANUARY 22, 2024
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’s EV industry is a true powerhouse, and one of the few economic bright spots for the country, reports the FT.
Baua Electric
APRIL 11, 2024
Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. Spain’s Industry Ministry said in a statement that the agreement would be formalized in the next few days, with Chery planning to start production in Barcelona, according to Reuters. Get started here.
Baua Electric
MARCH 28, 2024
The 30% offers room for Chinese brands to grow. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.” Electrek’s Take BYD has already sent shockwaves throughout the industry with the new Seagull EV starting under $10,000. FTC: We use income earning auto affiliate links.
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