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China’s Chery to set up shop in Europe

Baua Electric

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. Spain’s Industry Ministry said in a statement that the agreement would be formalized in the next few days, with Chery planning to start production in Barcelona, according to Reuters.

Chery 52
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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

Chinese-made cars drive growth In Europe, sale of cars made in China saw the highest levels of year-on-year growth in February 2024 (+45%) and in January-February 2024 (+43%). By comparison, the registrations of cars made in Germany and Spain – the second and third most popular origins – saw increases of 6% each during February.

Chinese 52
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CATL warrants its new EV battery to last for a million miles or 15 years – Charged EVs

Baua Electric

Chinese battery supplier CATL and bus maker Yutong have partnered to launch an EV battery that’s warranted to last 1.5 Yutong’s buses are sold in over 40 countries, including Italy, France, the UK, Spain and Qatar. According to SNE Research , the company almost doubled its sales in the US and Europe last year.

Miles 52
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Cheap solar panels from China are all over Europe – and everyone is freaking out

Baua Electric

Photo by Pixabay on Pexels.com Europe is installing more solar panels than ever before, thanks to a flood of cheap Chinese solar panels, driving installations by 40% last year. Reap the benefits of all that green energy with containers full of Chinese solar panels, all while crushing the domestic sector and putting people out of business?

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Nissan Global Production Cuts Imperil CEO’s Recovery Plan

Baua Electric

These moves came after the company also halted production in Indonesia and Spain in the past few years. The company lacks a new lineup of models, including hybrids, elements that at a time of slowing EV sales growth, a car manufacturer needs the most, Sugiura added. Local companies are launching new EVs every three months.”

Nissan 52
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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. Arval will operate as the Chinese automaker’s white-label leasing partner in Italy, Spain, and Germany.

BYD 52
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Nissan global production cuts imperil CEO’s recovery plan

Baua Electric

These moves came after the company also halted production in Indonesia and Spain in the past few years. The company lacks a new lineup of models, including hybrids, elements that at a time of slowing EV sales growth, a car manufacturer needs the most, Sugiura added. Local companies are launching new EVs every three months.”

Nissan 52