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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. Previously, Leapmotor estimated that the first shipments of its EV would hit Europe by the second half of 2024. The Chinese automaker also said that the executive team for its joint venture with Stellantis is in place as C10. billion in Leapmotor.

Chinese 105
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StreetScooter to form JV with Chery for electric light utility vehicles

Green Car Congress

StreetScooter GmbH, a subsidiary of Deutsche Post and market leader for electric light commercial vehicles (eLCV), has signed a memorandum of understanding (MoU) with the Chinese automobile manufacturer Chery Holding Group (Chery) establishing a joint venture between the two companies.

Chery 236
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

China, Europe, and the US all posted double-digit declines in March. However, Europe was hit the hardest, with the lowest number of sales for March in 38 years. The passenger cars registrations for Europe-27 were 848,800 units, down by 52% compared to March 2019. million units. million units.

Europe 261
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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. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering. Chinese automakers expect to have sold some 9.4 In 2023, the company sold 1.6 million vehicles. BYD tripled its profits to $1.5

BYD 52
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European and Chinese Auto Manufacturers Groups Sign Cooperation Agreement

Green Car Congress

The European Automobile Manufacturers’s Association (ACEA) has signed a cooperation agreement with the China Association of Automobile Manufacturers (CAAM) in Beijing.

Chinese 150
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BYD overtakes VW’s 15-year-run as top seller in China

Baua Electric

percentage points, reports Automotive News Europe. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering. Chinese automakers expect to have sold some 9.4 million in 2022, according to data from the China Association of Automobile Manufacturers. BYD reported 2.4

BYD 52
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SVOLT Energy Technology first to scale production of safer Li-ion cells using Soteria technology

Green Car Congress

SVOLT Energy Technology, a global advanced technology company and spin-off of Chinese automobile manufacturer Great Wall Motors, is the first to begin commercialization of lithium-ion batteries (LIB) utilizing metallic thin-film separator technology from Soteria Battery Innovation Group (BIG).

Li-ion 221