News

Even after tariffs and modifications to meet European standards, BYD executives have pledged to sell the Seagull for less than €20,000. …

In April 2024, the European Union car market grew by 13.7%, with new registrations totalling 913,995 units, driven by strong increases across all major markets: Spain (+23.1%), Germany (+19.8%), France (+10.9%), and Italy (+7.7%). …

Stellantis expects a major battle with Chinese rivals in the European market for electric vehicles and expects significant consequences as a result, the group's Chief Executive Carlos Tavares said on Wednesday, 22 May 2024. …

China's Li Auto said it has postponed plans to launch pure electric SUV models to next year, citing hurdles such as a lack of enough fast chargers, sending its shares down more than 17% on Tuesday, 21 May 2024. …

The US government is increasing import duties on electric vehicles (EVs) by more than 100% with an eye on controlling imports from China. …

Stellantis has formed a joint venture with Chinese electric vehicle (EV) start-up Leapmotor that will bring EV models to European markets in the fourth quarter 2024, beginning with Leapmotor’s T03 and C10 models. …

The die was already cast when Ursula von der Leyen announced an EU probe into market-distorting subsidies for Chinese electric vehicles last fall. …

The automaker continued to import Mini Coopers with banned parts from Sichuan Jingweida Technology Group until at least April 2024. …

Tesla is working to appease some European leasing companies after the automaker’s repeated retail price cuts tanked their fleets’ value and its slow service and expensive repairs alienated their corporate customers. …

The Topolino microcars allegedly violate the Made in Italy law for having the national flag on them when they are assembled in Morocco. …