article thumbnail

Stellantis & CATL battery factory in Europe expected to land in Spain

Teslarati

Stellantis and CATL’s battery factory in Europe may be located in Spain. In November 2023, Stellantis and the Chinese battery supplier signed a Memorandum of Understanding stating CATL would provide lithium-iron-phosphate battery cells and modules to the legacy OEM. The legacy automaker will work with CATL in the next battery plant.

Spain 110
article thumbnail

Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

With the approval from the NDRC, Stellantis can build and sell Leapmotor electric vehicles (EVs) outside of China, said people familiar with the matter. It acquired 20% of the Chinese automakers, making it a significant shareholder. The joint venture between Stellantis and Leapmotor still needs regulatory approval in other markets.

Chinese 112
article thumbnail

Stellantis’ JV approved, gaining exclusive rights to build and sell Leapomotor EVs outside of China

Baua Electric

This deal is the first of its kind for a Western automaker and gives Stellantis the exclusive rights to build, export, and sell Leapmotor brand EVs outside of China, and it is already mulling some exciting markets for them. The Chinese automaker also shared that its first EV shipments to Europe could come as early as the second half of 2024.

China 52
article thumbnail

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. Spain’s Industry Ministry said in a statement that the agreement would be formalized in the next few days, with Chery planning to start production in Barcelona, according to Reuters.

Chery 52
article thumbnail

Cheap solar panels from China are all over Europe – and everyone is freaking out

Baua Electric

Photo by Pixabay on Pexels.com Europe is installing more solar panels than ever before, thanks to a flood of cheap Chinese solar panels, driving installations by 40% last year. Reap the benefits of all that green energy with containers full of Chinese solar panels, all while crushing the domestic sector and putting people out of business?

Cheap 52
article thumbnail

Accelerating green wheels: BYD’s EV lease deal with Arval will electrify Europe’s roads

Baua Electric

A mere two years removed from its initial entry into new markets of Europe, Build Your Dreams (BYD) is looking to expedite its expansion with the help of Arval – a major vehicle leasing company overseas. Arval will operate as the Chinese automaker’s white-label leasing partner in Italy, Spain, and Germany.

BYD 52
article thumbnail

Tesla added 20 new Supercharging stations with 79 new chargers in China in April

Teslarati

Tesla said it would also add Superchargers in Tianjin, Weifang, Qingdao, Urumqi, Taizhou, Guangzhou, and Changsha in May, expanding the presence of its Chinese infrastructure even further. Tesla is building a giant Supercharger midway between LA and Las Vegas. I’d love to hear from you!