Remove Auto Remove Chinese Remove Industry Remove Spain
article thumbnail

Volkswagen plans cheaper battery model ‘from Europe for Europe’ – ET Auto

Baua Electric

German auto giant Volkswagen on Tuesday announced plans for a cheaper-than-ever electric model, as it faces increasingly strong competition from Asian rivals that have taken a lead in battery technology. All four vehicles would be produced in Spain, Volkswagen said.

Europe 52
article thumbnail

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
article thumbnail

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?

Cheap 52
article thumbnail

EU new-car market suffers worst performance in over two years

Baua Electric

Italy also posted a sharp decline of 13.4%, while volumes in Spain decreased 6.5%, the country’s first drop since March. Meanwhile, Italy and Spain were up 3.8% August is the first full month after the EU brought in its provisional tariffs on Chinese-built BEVs. respectively. Outside of the EU, the UK suffered a 1.3%

article thumbnail

Stellantis’ JV approved, gaining exclusive rights to build and sell Leapomotor EVs outside of China

Baua Electric

Following the initial signing by both automakers, Stellantis said the venture was targeting 500,000 EV sales outside of the Chinese market by the end of the decade. While seeing OEMs from separate continents collaborate on EVs is nothing new, those partnerships usually pertain to sales in the Chinese market.

China 52
article thumbnail

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. Its sales in China dropped around 6% in the last fiscal year through March in the face of strong competition from battery electric vehicles made by Chinese brands. and Honda Motor Co.

Nissan 52
article thumbnail

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. Its sales in China dropped around 6% in the last fiscal year through March in the face of strong competition from battery electric vehicles made by Chinese brands. and Honda Motor Co.

Nissan 52