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Magna Steyr in discussions with several Chinese automakers to localize EV production in Europe

Electrek

Austria-based contract manufacturer Magna Steyr has confirmed that several Chinese OEMs are discussing the possibility of local EV production ahead of further sales in Europe. The decision may be swayed by the looming threat of tariffs Europe may impose on China as several automakers continue to expand to new markets overseas.

Chinese 124
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EV sales down by nearly 44% in Europe

Teslarati

Electric vehicles sales were down by 43.9% in Europe’s in August 2024. The European Union’s overall new car sales fell 18.3% For major car markets in Europe, like Germany, France, and Italy , the EV sales saw double-digit losses. drop in EV sales while France recorded a 33.1% in Europe. last month.

Europe 117
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NIO launches EL8 in Europe amid looming tariff threats to Chinese-made EVs

Electrek

Despite recently announced tariffs on Chinese-made EVs imported into Europe, NIO has officially launched its EL8 SUV overseas. It will initially be sold in five EU markets as NIO touts its commitment to sales in the region despite the looming threat of import fees.

Chinese 100
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7 Top Cleantech Stories: 44.7% Renewables in Europe, Chinese EV Tariffs in EU, Unbelievably Huge Solar Farm

CleanTechnica EVs

Chinese EV tariffs: I think it’s clear the biggest story lately has been tariffs. Renewables in Europe, Chinese EV Tariffs in EU, Unbelievably Huge Solar Farm appeared first on CleanTechnica. Another week is wrapped up, and we’re here for a rundown of 7 of the biggest stories of the week.

Chinese 133
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BYD reports over 500K vehicle sales for October

Teslarati

increase in sales compared to October 2023. Compared to September 2024 sales, the Chinese automaker saw a a 19.8 % increase. BYD and Hyundai team up to export cars BYD has been working hard to expand its automotive business globally, specifically in Europe. BYD’s saw a 66.5% BYD posted an operating revenue of $28.2

BYD 113
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XPeng Motors unveils P7+ in Paris alongside pre-sale pricing, stresses commitment to Europe

Electrek

Four days after XPeng Motors first unveiled its new P7+ EV, hailed as the “world’s first AI car,” the Chinese Automaker showcased it to the European public during the Paris Motor Show. Following the event, pre-sales of the P7+ began in China, and XPeng shared initial pricing.

Motoring 111
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Tesla (TSLA) turns back to free Supercharging, big discounts in Europe to boost sales

Baua Electric

Tesla is turning back to free Supercharging and offering big discounts in Europe to boost sales in its toughest market for a record quarter. Tesla is not doing well in Europe this year. Tesla is offering a year of free Supercharging for people taking delivery of a new vehicle by the end of the quarter in Europe.

Europe 52