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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. Tesla’s China deals concerns chair of US Congressional Committee In a statement to Reuters , Leapmotor shared that its first EV model for the overseas market will be launched for sale in Germany, France, Italy, and Spain. Dongfeng Motors Corporation Ltd.

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The révolution is on: France has record year in EV sales

Baua Electric

Photo by Pixabay on Pexels.com It was a very good year in France for electric cars, for all kinds of reasons – among them, new cheaper cars entering the market supported by generous government subsidies. In 2023, 26% of new cars sold in France were battery electric and plug-in hybrid vehicles, a huge 47% jump from 2022.

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Stellantis acquires 49.5% in Argentine solar power producer

Teslarati

At the time, it announced that in-house production on mid-size and large hydrogen fuel cell vans already started in France and Poland, respectively. 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.

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France will goal shape support for EVs, batteries made in Europe

Baua Electric

EVs offered in France are eligible for a 5,000-euro ($5,500) credit score, supplied their most worth is underneath 47,000 euros and their weight is underneath 2.4 That will in large part exclude Chinese language automakers, who’ve just lately made inroads with lower-cost EVs, particularly from SAIC’s MG logo.

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Stellantis plans sub-€25,000 Panda EV to tackle Renault, BYD

Baua Electric

Stellantis is making plans so as to add a 2nd lower-priced all-electric automobile to its arsenal to compete with Renault and Chinese language carmakers as shoppers search for extra inexpensive EVs. “There is a real need for more affordable EVs,” Francois stated.

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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 France has already put limits on EVs from China. In 2023, the company sold 1.6

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Audi sales in China rose 10.3% year-on-year in August; global sales up 5.0%

Green Car Congress

Last month, Audi sales increased in all three of its top markets: the US (+2.8%), Germany (+6.7%), and, most notably, in China (+10.3%) with 54,205 Chinese customers. The Audi A4L in particular contributed to August growth for the brand in China: 10,731 Chinese customers opted for the model in August, 39.5% In France (-7.3%

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