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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. Stellantis appears to be strengthening its ties in China’s automotive industry lately.

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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. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. Stellantis invested €1.5

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5

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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. billion in electric vehicle development through 2022. Mustang Mach-E will become available in China later this year.

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Tesla China partners with Baidu for maps to clear FSD hurdle

Teslarati

Reuters , citing people reportedly familiar with the matter, noted that thanks to the Baidu deal, Tesla would be able to use the Chinese tech giant’s mapping license for data collection on China’s public roads. Interestingly enough, executives from CATL were also spotted visiting the hotel where Musk was staying.

China 140
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Renault-Nissan Alliance and Dongfeng Motor Group form new JV to co-develop electric vehicles in China

Green Car Congress

(Dongfeng) have formed a new joint venture to co-develop and sell electric vehicles (EV) in China. eGT will design a new EV with intelligent interconnectivity, that will be in line with the expectations of Chinese customers. (eGT), The new move aims to tap the potential of the fast-growing Chinese segment of the market.

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Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company

Green Car Congress

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

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