Remove Chinese Remove Industry Remove Malaysia Remove Sale
article thumbnail

Stellantis-Leapmotor eSUV details revealed in sales license for China

Teslarati

Stellantis-Leapmotor C16 SUV details were leaked after the companies filed for a sales license with China’s Ministry of Industry and Information Technology (MIIT). Rumors hint that Leapmotor aims to release the C16 in Poland and Malaysia. billion in Leapmotor, acquiring 20% of the Chinese car maker.

China 95
article thumbnail

Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. Figures released by the ASEAN Automotive Federation (AAF) show that total vehicle sales in Southeast Asia will be about 2.79 What is the mystery behind it?.

Asia 97
article thumbnail

Qiantu inks deal with Mullen to tap US market, K50 supercar to be rebranded as Mullen GT and GTRS

CN EV Post

Qiantu recently signed a strategic partnership agreement with Mullen Automotive to expand into the Americas, according to a press release from the Chinese startup today. With the signing of the latest partnership agreement, the Qiantu K50 will transition from the marketing phase to a substantial production and sales phase, the release said.

Market 78
article thumbnail

Who Really Invented the Thumb Drive?

Cars That Think

7 billion In 2021, global sales of thumb drives from all manufacturers surpassed $7 billion, a number that is expected to rise to more than $10 billion by 2028. Somewhat less credibly, inventors in Malaysia and China have also claimed to be the first to come up with the thumb drive. But Trek 2000 hardly became a household name.

Singapore 143
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. Stellantis expects to have at least 200 points of sale throughout these markets by year’s end and over 500 by 2026. We now have our answer.

Chinese 52
article thumbnail

Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Electric car sales in 2023 were 3.5 While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. However, sales remain limited elsewhere, even in countries with developed car markets such as Japan and India. million higher than in 2022, a 35% year-on-year increase.