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China’s Chery to set up shop in Europe

Baua Electric

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. This would be Chery’s first manufacturing site in Europe. Given the slow uptake of electric vehicles in Spain, Chery says it plans to make combustion engine, hybrid, and electric vehicles there.

Chery 52
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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

Back in September, the EU launched an investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the EU.

China 52
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EV gameplan: Strategic tie-ups, fund raising, the way forward | Autocar Professional

Baua Electric

For the global head of an international automaker to devote so much time to one market may seem unusual, but for the Czech brand — that has been around in India for 20 years — the stakes in this country have never been higher. Klaus Zellmer, the global CEO of Skoda Auto, has visited India thrice in the past 18 months.

India 52
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Building a Zero Trust Security Model for Autonomous Systems

Cars That Think

Just last year, a half dozen precisely targeted malicious drones managed to slow oil production in Saudi Arabia for days, and more recently, several low-cost drones caused significant damage to oil tankers in the UAE. Building secure systems will need to address hardware, software, and protocols and their interplay.

Building 125
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Report: BYD Plotting New EV Factory in Mexico

The Truth About Cars

It also builds electrified buses, trucks, utility vans, construction vehicles, and mining equipment. BYD has likewise set aside the equivalent of $600 million USD to build a new factory in Brazil to better tackle South America. CEO Elon Musk has indicated the new Mexican factory will be a mass production hub for low-cost EVs.

Mexico 105