Remove Automobile Manufacturer Remove Chinese Remove Market Remove Vehicles
article thumbnail

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. The joint venture between Stellantis and Leapmotor still needs regulatory approval in other markets. It acquired 20% of the Chinese automakers, making it a significant shareholder.

Chinese 102
article thumbnail

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
article thumbnail

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

Teslarati

Tesla shares ( NASDAQ:TSLA ) saw a lot of momentum on Monday’s pre-market amidst news surrounding CEO Elon Musk’s unannounced trip to Beijing, China. Later videos posted by Chinese media showed that Musk also met with Premier Li Qiang. Honored to meet with Premier Li Qiang.

China 119
article thumbnail

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

Green Car Congress

Global vehicle sales totalled 5.55 With the pandemic spreading across the globe, strict lockdowns in key markets, combined with consumer panic and economic uncertainty, have all contributed to the huge decrease in sales last month. Registrations fell in all 27 markets, but with varying severity. million units.

Europe 261
article thumbnail

StreetScooter showcases all-new versions of successful WORK and WORK L electric light commercial vehicles

Green Car Congress

StreetScooter has presented the next generation of its successful all-electric light commercial vehicles (eLCVs): the WORK and WORK L. StreetScooter’s next generation of vehicles features a redesigned box body with a larger payload of more than one ton and space for up to four euro pallets.

Light 191
article thumbnail

Tesla FSD makes a believer of Xiaomi co-founder after test ride

Teslarati

Xiaomi and Tesla China may have become direct rivals since the launch of the Xiaomi SU7 , a challenger to the Tesla Model 3, but the Chinese tech giant’s executives are still supportive of the American EV maker’s innovations. Although there are not many vehicles, there is no need for high-precision maps and no LIDAR.

Tesla 133
article thumbnail

Musk’s big win in China: Tesla clears data security, full self driving hurdles for locally-made cars – ET Auto

Baua Electric

This came close on the heels of Tesla introducing fresh incentives in the world’s largest auto market to attract consumers. This is according to the China Association of Automobile Manufacturers. Tesla CEO Elon Musk ‘s surprise visit to China has proven to be a strategic move yielding significant results. Tesla Inc.’s

China 52