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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

It acquired 20% of the Chinese automakers, making it a significant shareholder. Tesla’s China deals concerns chair of US Congressional Committee In a statement to Reuters , Leapmotor shared that its first EV model for the overseas market will be launched for sale in Germany, France, Italy, and Spain. Dongfeng Motors Corporation Ltd.

Chinese 99
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Volkswagen Group China, JAC and SEAT sign new deal advancing e-mobility in China

Green Car Congress

Spain-based SEAT, a member of the Volkswagen Group, signed a Memorandum of Understanding with Volkswagen Group China and Anhui Jianghuai Automobile Group Corp., The products which will be manufactured on the battery electric vehicle platform will address the e-mobility requirements of Chinese customers.

China 207
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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

There was a $1-billion initial public offering by NIO, a $585-million Series C venture capital round by Guangzhou Xiaopeng Motors and a $294-million pre-IPO round by Zhejiang Dianka Automobile. 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.

Cleaning 259
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EU new-car market suffers worst performance in over two years

Baua Electric

The latest data from the European Automobile Manufacturers Association ( ACEA ) shows that every powertrain endured a double-digit decline in the month. 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% respectively.

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BAIC BJEV in strategic cooperation with Dresden University of Technology for lightweighting technology

Green Car Congress

BAIC BJEV has been building its global R&D network in its core areas, i.e. electric and smart technologies, by establishing oversea R&D centers in Silicon Valley, USA; Aachen, Germany; Detroit, USA; and Barcelona, Spain. Earlier post.). At BAIC Group, we are pleased to work with Academician Hufenbach's team in the lightweighting field.

Universal 150
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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

Just a few months later the German-Chinese production joint venture, Beijing Benz Automotive Co. kWh/100 km) started in Vitoria, northern Spain. EQA production will also follow next year (2021) at BBAC in Beijing for the Chinese market. In May 2019 production of the EQC (combined power consumption: 21.5

Mercedes 259
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Definitive tariffs on BEVs made in China approved in EU vote

Baua Electric

This will appear alongside the definitive findings of the EU’s investigation into the Chinese subsidisation of the BEV value chain. Reaction to tariff vote Reacting to news of the vote, the European Automobile Manufacturers’ Association ( ACEA ), reaffirmed the need for free and fair trade.

China 52