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China’s Chery to set up shop in Europe

Electrek

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.

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Stellantis mulls building Chinese EVs in Europe for joint venture partner Leapmotor

Electrek

Four months after announcing a joint venture with Chinese EV automaker Leapmotor , Stellantis is reportedly mulling taking the strategic cooperation further by building hundreds of thousands of BEVs for its new partner in Italy to serve the European market.

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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

After months of investigation, the European Commission says it has found evidence that China has been “unfairly” subsidizing the EVs it exports to Europe. Possible “remedies” on the table include retroactive tariffs on Chinese EVs. But now Europe may enforce its own tariffs. BYD alone sold 1.6 million overall BEV sales.

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This mid-weight Chinese electric motorcycle now entering Europe could upturn the market

Electrek

The Voge ER10 is the latest electric motorcycle import headed for the European market, but this time things could be different. more… The post This mid-weight Chinese electric motorcycle now entering Europe could upturn the market appeared first on Electrek.

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Chinese EV battery maker SVOLT announces major expansion into Europe

Teslarati

A Chinese battery producer SVOLT has announced a major European expansion to help fuel the EV industry on the continent. Due to its aggressive regulation of ICE vehicles, one of the leading regions for EV adoption is Europe, which currently plans to phase out gas-powered vehicle sales by 2035.

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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. Previously, Leapmotor estimated that the first shipments of its EV would hit Europe by the second half of 2024. billion in Leapmotor.

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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In a note released earlier this week, Morgan Stanley writes that the United States is an under-penetrated EV market, whereas China is a fully-penetrated EV market.

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