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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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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.

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Fiat Group and Guangzhou Automobile Group Creating JV for Chinese Market

Green Car Congress

The agreement was signed in Rome by Zhang Fangyou, Chairman of GAC Group, and Sergio Marchionne, CEO of Fiat Group, in the presence of the President of the People’s Republic of China, Hu Jintao, and the Prime Minister of Italy, Silvio Berlusconi. Fiat Group and Guangzhou Automobile Group Co. Click to enlarge. 120 hp and 150 hp T-Jet.

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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% more than a year ago.

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Asian EV Manufacturers You Should Know

Clean Fleet Report

Zhidou Zhidou is a Chinese manufacturer of electric microcars. However, Zhidou has sold a number of cars in Italy and several other European countries. The MG4 EV–on sale in the UK SAIC Motor SAIC Motor is a Chinese state-owned car manufacturer that has been in operation since 1955.

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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

Markets were significantly hit in Italy, France, Spain, Austria, Ireland, Slovenia, Greece and Portugal, where the combined volume fell from 634,600 units in March 2019 to 161,800 units last month. MG (owned by the Chinese SAIC) was the only group to post an increase in registrations, with its volume jumping from 1,327 to 2,592 units.

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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

ZAP and Jonway Group announced they had earlier signed definitive agreements according to which ZAP will acquire 51% of Zhejiang Jonway Automobile Co. ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. million in cash. Earlier post.)

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