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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

With the approval from the NDRC, Stellantis can build and sell Leapmotor electric vehicles (EVs) outside of China, said people familiar with the matter. It acquired 20% of the Chinese automakers, making it a significant shareholder. is a state-owned automobile manufacturer based in Wuhan, Hubei. billion in Leapmotor.

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Trump promises 100% tariff on Mexico-built Chinese cars—EV or not

Baua Electric

Former President Donald Trump has announced that he would apply a tariff of 100% to cars built in Mexico by Chinese companies for U.S.-market market sale—effectively double the previous tariffs he had seeked to apply. automobile industry as a whole.” automobile industry as a whole.” bound EVs but buys few of them.

Mexico 52
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China’s BYD tops 1.6 million BEV sales in 2023

Baua Electric

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and hybrids, BYD sold 3 million vehicles in 2023. Tallying up its year-end sales, it’s a massive 62% growth from 2022. million vehicles.

BYD 52
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Oil companies “break the circle”! Total Energy to build tens of thousands of charging piles in China

Setec Powerr

In addition to deploying the Chinese market, Total Energy’s charging pile business also involves important cities in many countries such as the Netherlands, Belgium, France, the United Kingdom and Singapore. But in recent years, banning the sale of fuel vehicles has been put on the agenda.

Oil 98
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Borgward to build manufacturing facility in Bremen; all-electric-drive Borgward BX7 first model; Industry 4.0

Green Car Congress

Borgward Group AG, the reincarnation of the German automaker that ceased operations in 1961 ( earlier post ), will be returning to Bremen and building a production facility there. The Miyun manufacturing facility, which was commissioned in mid-2016, will also serve as the home plant for Borgward’s emerging global production network.

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European automakers request 6-month postponement of new Euro standards due to COVID-19

Green Car Congress

the shutdown of production and sales imposed by Member States to fight COVID?19 19 has caused a significant build?up up of stocks at manufacturers, importers and dealers. As sales had to be stopped to fight Covid?19, In addition to the vehicles that were built already, manufacturers are gradually re?starting

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BYD slashes price on its best-selling SUV to $16K to compete with gas cars

Baua Electric

The Atto-3 SUV / Source: BYD Europe After recently reducing prices of its refreshed Han and Tang models , Build Your Dreams (BYD) just launched a new version of its top-selling EV Yuan Plus – known as the Atto 3 in overseas markets – to $16,644 in China, making it one of the lowest-priced EVs out there.

BYD 52