article thumbnail

Stellantis, Leapmotor officially launch joint venture to sell Chinese EVs in Europe this fall

Baua Electric

The new JV, named “Leapmotor International,” will expand to sell Chinese EVs in Europe this fall, with additional markets to follow. billion stake in Chinese OEM Leapmotor. Today’s event is merely a confirmation of a launch we’ve been expecting for quite some time. We now have our answer. Source: Leapmotor International Leapmotor Intl.

Chinese 52
article thumbnail

2023 EV registrations in Europe surpass two million units, setting new record – Charged EVs

Baua Electric

Market share grew fastest in established EV markets Finland, Denmark, Belgium, the Netherlands and Luxembourg. Chinese car brands continued to penetrate European markets—seven new brands entered the market last year, making a total of 30 (!) Chinese brands now available. Chinese brands saw sales grow by 79% year-on-year.

Europe 52
article thumbnail

Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit

EV Adoption

Whether or not Chinese OEMs employ unionized factory workers (none of the existing foreign automakers with US factories employ union workers today), to reduce or eliminate trade tariffs, political issues, and the loss of tax credits — these automakers may almost be forced to build their vehicles in US factories.

article thumbnail

ArcelorMittal and LanzaTech break ground on €150M project to convert blast furnace carbon emissions to ethanol

Green Car Congress

Leading steel and mining company ArcelorMittal has begun construction of new premises at its site in Ghent, Belgium, to house a new installation which will convert carbon-containing gas from its blast furnaces into bioethanol. Commissioning and first production is expected by mid-2020. Earlier post.).

Carbon 225
article thumbnail

Oil companies “break the circle”! Total Energy to build tens of thousands of charging piles in China

Setec Powerr

When “replacing oil with electricity” has become a trend, the transportation industry has maintained the era of fuel oil for hundreds of years, but it is also undergoing subversive changes. Behind the popularity of charging piles in the oil circle, the transportation industry is undergoing a major change unseen in a century.

Oil 98
article thumbnail

LanzaTech gas fermentation technology at core of €14.6M EU Steelanol project; 25K t/year demo plant

Green Car Congress

LanzaTech’s gas fermentation technology ( earlier post ) is at the core of the new Horizon2020 Steelanol project (2015-2018), which seeks to produce bioethanol via an innovative gas fermentation process using exhaust gases emitted by the steel industry. million) project is coordinated by steelmaker Arcelormittal Belgium NV.

Gas 150
article thumbnail

TM4 introduces new motor/generator for the commercial heavy-duty hybrid market: SUMO HP HV900

Green Car Congress

This new motor/generator will be shown at Busworld Kortrijk, taking place from 20-25 October 2017 in Kortrijk, Belgium. Its joint venture Prestolite Electric Propulsion Systems (PEPS), for instance, has seen its share of the Chinese market climb from 0.4% Earlier post.)

Motors 150