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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 88
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Magna Steyr might form Chinese language vehicles in Europe

Baua Electric

Magna World is in talks to make automobiles for Chinese language manufacturers in Europe as they make bigger within the patch. The provider’s Magna Steyr guarantee production facility in Graz, Austria has some alternative output capability, in step with Magna Europe President Uwe Geissinger.

Chinese 52
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Mitsubishi Chemical strengthens production capacity of graphite anode materials in China; possible production in Europe and US

Green Car Congress

Mitsubishi Chemical Holdings Group (MCHG) will increase the production capacity of natural graphite anode material from 2,000 tons/year to 12,000 tons/year at its Chinese subsidiary Qingdao Anode Kasei and affiliated company Qingdao Lingda Kasei. The production line is scheduled to start operation in the first half of fiscal 2023.

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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 and Europe head. The ZS tiny SUV used to be the emblem’s top-seller with 35,753 gadgets offered.

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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%. Extra particularly, 1.78

Chery 52
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Chinese language EV makers pin hopes on Europe’s auto sellers

Baua Electric

since 2009, bought greater than 100,000 automobiles in Europe closing generation and says it recently has greater than 800 distribution issues at native automotive sellers throughout Europe and the United Kingdom. Europe has obvious its justifiable share of unutilized entrants looking to win over consumers.

Chinese 52
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Stellantis acquires 49.5% in Argentine solar power producer

Teslarati

Stellantis CEO on the threat of Chinese EV plants in Italy Acquiring 360 Energy Solar is also expected to help the renewable energy capabilities of Stellantis’ Ferreyra and El Palomar plants. Last month, the automobile company partnered with CARB (California Air Resources Board) to reduce carbon emissions in California.

Solar 108