[ad_1] Visitors check a Tesla Model 3 car at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. REUTERS/Florence Lo Acquire Licensing Rights SHANGHAI,…
Tag: RATI:CHINA-STRATEGY
China’s Xpeng to acquire Didi’s EV unit in deal worth up to $744 mln
[ad_1] Xpeng to launch an A-class model under MONA project Deal to deliver greater economies of scale for Xpeng Xpeng sees at least 100,000 MONA cars sold per year HONG…
Chinese carmaker BYD to buy US firm Jabil’s mobility business for $2.2 bln
[ad_1] FILE PHOTO-Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. REUTERS/Aly Song/file photo Acquire Licensing Rights Aug 28 (Reuters) –…
Malaysia’s Permodalan Nasional considers $2.15 bln automakers merger in EV push -sources
[ad_1] Bigger group could spearhead Malaysia EV growth – sources Consideration fits with government’s EV push Sime Darby Motor promoting EV adoption in Malaysia SINGAPORE/BENGALURU, Aug 24 (Reuters) – Malaysia’s…
Stellantis explores tie-up with Chinese EV maker Leapmotor – Bloomberg News
[ad_1] The logo of Stellantis is seen on a company’s building in Velizy-Villacoublay near Paris, France, February 23, 2022. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing Rights Aug 23 (Reuters) – Italian…
China’s EV makers face cost and consumer challenges to conquer Europe
[ad_1] Chinese EV makers growing market share in Europe, target more Chinese brands unlikely to be able to sell as cheaply as at home Import costs and low brand recognition…
China Evergrande EV unit to issue fresh shares in restructuring plan
[ad_1] The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo Aug 14 (Reuters) – Embattled property…
Italy’s Brembo wary of getting dragged into Pirelli’s China dispute
[ad_1] MILAN, June 21 (Reuters) – Pirelli (PIRC.MI) investor Brembo (BRBI.MI) is worried about strains between the tyremaker’s Italian and Chinese shareholders and is likely to steer clear of any…
US can’t yet compete with China on EVs, Ford chairman tells CNN
[ad_1] June 18 (Reuters) – Ford Motor (F.N) Executive Chairman Bill Ford said the United States was not ready yet to compete with China in the production of electric vehicles.…
Volvo Cars launches EX30 electric SUV with focus on affordability
[ad_1] [1/6] Jim Rowan, Volvo President & Chief Executive Officer, speaks during the reveal event of the Volvo EX30 electric SUV vehicle in Milan, Italy June 7, 2023. REUTERS/Claudia Greco…