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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

It acquired 20% of the Chinese automakers, making it a significant shareholder. The Chinese automaker also said that the executive team for its joint venture with Stellantis is in place as C10. In November, Stellantis repurchased €934 million shares from Chinese automaker Dongfeng based on a pre-existing share repurchase framework.

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Stellantis production affected by cyberattack on Chinese supplier

Teslarati

Multiple car brands under Stellantis were affected by a cyberattack on Chinese supplier, Yanfeng International Automotive Co. Yanfeng supplies automobile manufacturers with car parts including electronics, seats, interiors, and other components. billion in the Chinese company.

Chinese 121
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Tesla (TSLA) shares surge over 11% amidst news of Musk’s China visit

Teslarati

Later videos posted by Chinese media showed that Musk also met with Premier Li Qiang. The China Association of Automobile Manufacturers also noted that Tesla, along with other notable automakers like BYD, have cleared all data processing requirements in the country. Honored to meet with Premier Li Qiang.

China 127
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NIO and GAC Partner on EV Charging and Battery Swapping

Electric Cars Report

Chinese premium EV maker NIO and Chinese state-owned automobile manufacturer GAC Group signed a strategic cooperation agreement on charging and swapping in Guangzhou, Guangdong Province.

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Ford to manufacture Mustang Mach-E in China; localized production of GT as well

Green Car Congress

Ford announced that Mustang Mach-E, its first global pioneering SUV built on an all-new, all-electric platform, will be manufactured in China by Changan Ford for local customers. Mustang Mach-E will become available in China later this year. Ford is investing more than $11.5 billion in electric vehicle development through 2022.

China 353
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BYD Reveals DiSus Intelligent Body Control System, Exclusively for New Energy Vehicles

Electric Cars Report

Chinese biggest EV maker BYD released the BYD DiSus Intelligent Body Control System (DiSus System) through its technology launch event held in its headquarters at Shenzhen.

BYD 104
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Tesla Model Y makes it to China local gov’t NEV procurement catalog

Teslarati

This was due to the Chinese government’s previous concerns about the data being gathered by Tesla’s vehicles. Amidst the Chinese government’s security concerns, Tesla China established a data center and guaranteed that all data from its local vehicle fleet will not be leaving the country.

China 139