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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

February 2024 was a positive month for the new car market in Europe. According to JATO Dynamics’ data from 28 European markets, a total of 988,116 passenger cars were registered during the month. This is the highest increase among the top 10 origins – allowing the market share for these vehicles to reach 4.0%, up from 3.0%

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Fiat Group and Guangzhou Automobile Group Creating JV for Chinese Market

Green Car Congress

(GAC Group) signed a Framework Agreement to establish a 50/50 joint venture for the production of cars and engines for the Chinese market. The models produced will be equipped with the latest in engine and transmission technology in response to the Chinese government’s requirement to develop fuel-efficient, low-emission vehicles.

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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

Green Car Congress

But the market looks increasingly crowded and consolidation is likely. Public markets investment in clean energy jumped 120% to $3.1 The largest six VC/PE new equity deals of 2018 so far have all involved Chinese electric vehicle firms, including the two mentioned above during 3Q. In 3Q, Chinese solar investment was $14.2

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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. Europe is a crucial market for BYD’s success this year, which it anticipates will equate to $4 billion in net income.

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JATO: Global car sales up by 2.8% in Q1 2016 due to SUV boost in China and Europe

Green Car Congress

increase (558,700 more units) on the same period in 2015—largely driven by growth in the Chinese and European markets. Sales of SUVs in Europe (including Russia and Turkey) gave the overall market a boost with 20% growth and 1.11 As a result of the growth, the market share of the SUV segment jumped to 27.4%

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Fiat to enter Chinese market

Green Cars News

The Fiat Group has signed a joint venture agreement with Guangzhou Automobile Group Co Ltd for the production of cars and engines for the Chinese market. It was first manufactured in Turkey and marketed in a number of countries in 2007. 120hp and the 150hp T-Jet.

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Eight new EV brands you’ve never hears of – and they don’t come from China

EV Central

The Middle East is the initial target market. The project is receiving Chinese support and the first model to be announced is the Moskvitch 3, which appears to be a close relation of the JAC S4. The Togg SUV will be followed by four more models – a sedan, C-hatchback, B-SUV and B-MPV – that should all be in the market by 2030.

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