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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

It acquired 20% of the Chinese automakers, making it a significant shareholder. Tesla’s China deals concerns chair of US Congressional Committee In a statement to Reuters , Leapmotor shared that its first EV model for the overseas market will be launched for sale in Germany, France, Italy, and Spain.

Chinese 113
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Daimler and Geely Holding form global JV for smart; new generation of electric models

Green Car Congress

Daimler AG and Zhejiang Geely Holding Group , the German and Chinese automotive groups, have formed a 50-50 globally focused joint venture to own, operate and further develop smart, the pioneer of small urban vehicles, as a leader in premium-electrified vehicles.

Global 259
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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

Markets were significantly hit in Italy, France, Spain, Austria, Ireland, Slovenia, Greece and Portugal, where the combined volume fell from 634,600 units in March 2019 to 161,800 units last month. MG (owned by the Chinese SAIC) was the only group to post an increase in registrations, with its volume jumping from 1,327 to 2,592 units.

Europe 261
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Volkswagen Group outselling GM in China

Green Car Congress

While the situation in Brazil in particular remained tense, there was significant growth on the Chinese market. Momentum was particularly strong in Spain, Italy and France. —Jürgen Stackmann, Volkswagen Brand Board Member for Sales. There was also positive development in demand from customers in Europe.

China 150
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Update: Top 10 Electric Cars

Clean Fleet Report

has fully embraced EVs and, after years of teasing with snazzy concepts, the real hardware is for sale–and is selling well. Even thought Stellantis, the megacompany formed by the merger of Fiat Chrysler Automobiles and PSA of France, appeared to be slow on the shift to EVs, they’ve been playing a good game of catch-up.

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Who is winning the green car race? Part II. The Green Piece

Green Cars News

Chinese automaker BYD may have been founded in 2003, but it wasn’t until 2008 that it garnered mainstream attention when Berkshire Hathaway, led by Warren Buffet, bought a 10 per cent stake in its parent company. Of all the ‘upstart’ green car companies, Tesla is the closest to breaking out into the mainstream. Fisker Automotive.

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Seres 3: Why this Chinese SUV is the worst EV I’ve driven

EV Central

But its keys were handed to me by Europcar France as my holiday EV rental, in lieu of the Hyundai Kona Electric I’d ordered. But if the brand survives in France for that amount of time is another matter. Seres is a subsidiary of Chinese auto giant Dongfeng, and the Seres 3 has sold in China as the Fengon E3 since 2019.

Chinese 92