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Stellantis production affected by cyberattack on Chinese supplier

Teslarati

Multiple car brands under Stellantis were affected by a cyberattack on Chinese supplier, Yanfeng International Automotive Co. Yanfeng supplies automobile manufacturers with car parts including electronics, seats, interiors, and other components. billion in the Chinese company.

Chinese 123
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Tesla (TSLA) shares surge over 11% amidst news of Musk’s China visit

Teslarati

Musk’s unannounced China trip was quick, with the CEO, accompanied by Tesla executives Tom Zhu and Grace Tao, meeting China Council for the Promotion of International Trade (CCPIT) Chairman Ron Hongbin just hours after he landed in the country. Later videos posted by Chinese media showed that Musk also met with Premier Li Qiang.

China 129
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StreetScooter to form JV with Chery for electric light utility vehicles

Green Car Congress

StreetScooter GmbH, a subsidiary of Deutsche Post and market leader for electric light commercial vehicles (eLCV), has signed a memorandum of understanding (MoU) with the Chinese automobile manufacturer Chery Holding Group (Chery) establishing a joint venture between the two companies.

Chery 236
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EV sales down by nearly 44% in Europe

Teslarati

According to the European Automobile Manufacturers’ Association (ACEA), Germany reported a 68.8% EU lowers tariffs on Chinese EVs before Sept 25 vote According to Reuters , hybrid electric vehicles are a good compromise between internal combustion engine (ICE) cars and pure EVS. last month. in Europe.

Europe 121
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Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company

Green Car Congress

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

Volvo 320
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Tesla China partners with Baidu for maps to clear FSD hurdle

Teslarati

During Musk’s visit, he met with a number of government officials such as Premier Li Qiang and China Council for the Promotion of International Trade (CCPIT) Chairman Ron Hongbin. With this in mind, Tesla might be looking at Full Self-Driving to become a key advantage in the Chinese domestic auto segment.

China 142
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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. The company ranked 5 th among all brands in J.D.