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CHINESE CARMAKERS IN EUROPE
Volkswagen cuts are 'wake-up call' for European industry, BYD advisor saysVolkswagen's aggressive cost-cutting measures are a stark warning to Europe's auto sector, according to BYD's European advisor. Alfredo Alt...- KKR in talks with JSW to drive in MG Motors JV with $400 mn investmentA combination of primary infusion and secondary share sale is planned as valuation doubles to $3 billion in 3 years. Sajjan Jindal led grou...
- Volkswagen key shareholder pitches producing Chinese car models in GermanyGermany's Lower Saxony premier, a major Volkswagen shareholder, suggested producing China-developed models locally to secure jobs and boost...
- In May, every 10th new car sold in Europe was ChineseChinese car brands have captured over 11% of the European new car market for the first time, driven by hybrid and plug-in hybrid models off...
- US curbs on AI spur European firms to spread the riskEuropean companies are diversifying AI providers due to US access limits, highlighting a need for domestic alternatives. Major firms like S...
- US curbs on AI spur European firms to spread the riskEuropean firms are diversifying AI providers due to U.S. access limits, highlighting a need for domestic alternatives. Companies like Sieme...
- Tata taps China's Chery for premium EV push, sources sayTata Motors is set to license an automaking platform from China's Chery. This collaboration aims to accelerate the launch of Tata's premium...
- Stellantis will build 2 million cars on new STLA One platform by 2035, CEO saysStellantis plans for two million cars will be built on the STLA One platform by 2035, says CEO Antonio Filosa. This move aims to make Stell...
- Stellantis plans partnerships with Dongfeng in Europe, JLR in USStellantis is joining forces with China's Dongfeng to create a dynamic joint venture aimed at producing new energy vehicles right in the he...
- Elon Musk faces a mix of admiration and scrutiny during his China visit with US President Donald Trump; here's whyElon Musk is in China for a summit with President Xi Jinping. He faces a mix of admiration and scrutiny. While Tesla's electric vehicles in...
- China's view on Elon Musk? Visionary, occasional villainIn a rapidly evolving Chinese market, Elon Musk enjoys admiration and faces competition in equal measure. Tesla's groundbreaking advancemen...
- Nissan to cut 10% Europe jobs, 900 roles at risk as global restructuring and Sunderland factory changes beginNissan is planning big job cuts in Europe as part of a global plan. The company wants to save money and improve its business. Changes are a...
- BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
- 'Why not?' Europeans warming up to Chinese electric carsChinese electric vehicle (EV) makers are aggressively targeting the European market, showcasing their technology-packed EVs at the Munich a...
- 'Party's over' in China: European carmakers face tariffs, price warThe European automotive industry faces a challenging period as evidenced by the Munich car show. Declining profits in China, tepid European...
- Volkswagen plans major layoffs, to shut at least three German plants, works council head saysVolkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic ...
- Europe is slapping tariffs on Chinese electric vehicles - for now. Here's what to knowEU raises customs duties on Chinese electric vehicles due to unfair subsidies. Tariffs aim to address market imbalance. Negotiations ongoin...
- Europe wants affordable electric vehicles from China. But not at the cost of its own auto industryThe European Union plans to increase tariffs on Chinese-made electric vehicles due to unfair subsidies. This move aims to address the surge...
- China's EV makers face cost and consumer challenges to conquer EuropeAs per autos consultancy Inovev, among the new EVs sold in Europe so far, Chinese brands were at 8%, up from 6% last year and 4% in 2021.
- China's EV makers face cost, consumer challenges as they aim to conquer EuropeStereotypes of Chinese manufacturing, import costs, and a less developed EV market are just some of the issues Chinese brands such as BYD, ...
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