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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.

Chinese 92
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China exported greater than 2 million automobiles in first part of 2023, BYD and Chery grew quickest

Baua Electric

million automobiles, a year-on-year building up of 75.7%, in keeping with the China Affiliation of Car Producers (CAAM). million passenger automobiles had been exported, an building up of 88.4% year-on-year; 534,000 fresh power automobiles had been exported, a year-on-year building up of 160%.

Chery 52
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AlixPartners outlook warns of Chinese language EV pageant, ‘ICE melting’

Baua Electric

Chinese language manufacturers will most probably outsell international manufacturers in that nation in 2023 for the primary past in fresh historical past. AlixPartners predicts those manufacturers will all of a sudden building up their home marketplace proportion, rising to 65 p.c

Chinese 52
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SAIC plans Eu manufacturing facility for MG automobiles regardless of upper prices

Baua Electric

LONDON — MG has admitted it is going to most likely price the corporate extra to develop automobiles in a deliberate Eu manufacturing facility when compared with China however says the advantages will outweigh the negatives. “I Building local means you work together with local people. and Europe head.

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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. With the current sales figures and the seductive future expectations, Southeast Asia has successfully attracted the attention of Chinese car companies.

Asia 97
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Baidu to establish an intelligent EV company and form strategic partnership with Geely

Green Car Congress

Baidu will provide intelligent driving capabilities to power the passenger vehicles for the new venture, and Geely, which holds the distinction of best-selling Chinese automobile brand in past years under the Volvo and Geely brands, will contribute its expertise in automobile design and manufacturing.

Companies 199
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Audi shows new A6 e-tron concept electric vehicle in Shanghai

Green Car Congress

Audi and its Chinese partner companies FAW and SAIC are showing four world premieres: the brand-new Audi A6 e-tron concept vehicle and the all-round updated Audi Q5L, in addition to the Audi A7L and an SUV study, still kept beneath a cover, named Audi concept Shanghai.

Audi 243