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Volkswagen releases design sketch for ID.AERO fully-electric sedan; Chinese market first

Green Car Congress

AERO concept vehicle, a fully-electric limousine planned for the Chinese automobile market. AERO concept is expected to go on sale in the Chinese automobile market in the second half of 2023. The corresponding production model for the North American and European market will be presented in 2023.

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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

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. The Chinese automaker also said that the executive team for its joint venture with Stellantis is in place as C10. billion in Leapmotor.

Chinese 122
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Tesla Giga Shanghai posted record numbers despite weak Chinese auto market

Teslarati

Tesla Giga Shanghai posted record delivery numbers during an overall weak month for auto sales in China, revealing its strong hold in the local market. . ” Second, Giga Shanghai just hit its highest record sales last month, so why would Tesla China substantially cut back its output? China Auto Market Status.

Chinese 98
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Fiat Group Automobiles, Chrysler Group International and GAC Group to Produce Jeep vehicles in China for Chinese market

Green Car Congress

Fiat Group Automobiles S.p.A., Chrysler Group International LLC and Guangzhou Automobile Group Co., In 2013, Jeep realized global sales of more than 731,000 units, with an annual growth rate of 4% and an annual growth rate of 29% in China. GAC Group) have reached an agreement to expand the joint venture partnership.

Jeep 236
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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. However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles.

Asia 97
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Chinese language automakers to take hold of majority percentage of home gross sales for first week, forecast says

Baua Electric

AlixPartners forecast China’s total auto gross sales would develop 3 p.c million automobiles, convalescing to the extent of gross sales prior to COVID-19. million automobiles in 2030, when it projected greater than part of automobiles offered in China could be EVs. this life to 24.9 In contrast, the U.S.

Chinese 52
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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

Global vehicle sales totalled 5.55 This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. Registrations fell in all 27 markets, but with varying severity. million units.

Europe 261