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BYD looking to take over existing factory for second European EV plant, executive says
BYD looking to take over existing factory for second European EV plant, executive says BERLIN, June 10 : Chinese electric vehicle maker BYD is looking to take over an existing factory in southern Europe for its second assembly plant on the continent, with Spain among the countries on its shortlist, a top executive said on Wednesday. "We would prefer to take over an existing plant," executive vice president Stella Li told reporters in Berlin during the European launch of the Dolphin G, a...
Stellantis invests €1bn in French operations for new EV and hybrid production
The move comes as European carmakers face mounting competition from Chinese rivals and intensify efforts to expand their electric and hybrid vehicle offerings. Stellantis, the owner of Peugeot, Fiat and Jeep, said on Tuesday it will invest €1 billion in its Mulhouse factory in eastern France to develop and manufacture three new Peugeot electric or hybrid models, starting in 2029. The move comes as European carmakers grapple with weak demand in China, rising global competition and tariffs.
Can the EU de-risk from China and make its trade relationship sustainable?
The European Commission declared its trade relationship with China "not sustainable”, pushing for a tougher de-risking but not decoupling strategy. Is this a realistic plan? EU Commissioners met on Friday, May 29, to debate how to shield European industries from surging Chinese imports.
BYD to install thousands of 5-minute EV chargers across Europe
Chinese EV colossus BYD has announced plans to speed up its conquest of the European auto market with the rollout of superfast Flash Chargers across the continent. BYD has already installed the first new chargers in Germany and the UK, and plans to roll out 3,000 across Europe by the end of next year. At an estimated cost of €580,000 (about $670,000) per charger according to the Financial Times, that would mean a total spend of roughly $2 billion to install the network.
Exclusive-GM may ditch LFP batteries for future EVs
Exclusive-GM may ditch LFP batteries for future EVs SAN FRANCISCO, June 10 : General Motors may scrap plans to use a lower-cost, iron-based battery chemistry that many automakers are using to cut electric-vehicle costs, GM's head of battery technology said. The Detroit automaker had said it planned to develop lithium-iron phosphate, or LFP, batteries for use in future EV models, and would begin making those batteries in late 2027 at a jointly owned plant in Tennessee. But GM battery chief...
Chinese EVs may hit U.S. within a few years, one way or another
Chinese electric vehicles face crippling tariffs, stringent regulations and fierce opposition from lawmakers and the American auto industry, but there's a growing possibility that Chinese EVs will be sold in the U.S. within the next few years. China has deliberately and aggressively expanded its EV footprint throughout Europe, the U.K., Asia and Australia, exporting millions of well designed, high-tech, and competitively priced vehicles, building factories and widening supply chains. Now,...
Ethiopia goes electric following gas car ban
Ethiopia goes electric following gas car ban June 2, 2026Shashe Asemare handles the large steering wheel with ease, navigating the mint-green city bus through the notoriously congested streets of Addis Ababa. Ever since the Ethiopian capital introduced 100 new electric buses to its fleet in 2025, she's noticed the benefits. "These electric buses are very different from the gasoline ones," she said, taking a quick glance at the cars overtaking to her left.
Car industry pressing EU for further delay to Brexit EV tariffs
Exclusive: deal in 2020 had sought to stimulate local battery making but industry says it still cannot meet targetsThe EU and UK car industries are urging the European Commission to adjust the Brexit trade deal and suspend, for a second time, tariffs on imports of electric vehicles. They have expressed concerns that they will not be able to meet the conditions set for 1 January 2027 for tariff-free sales. This is because of strict rules of origin over what products can qualify for...
Car industry pressing EU for further delay to Brexit EV tariffs
Exclusive: deal in 2020 had sought to stimulate local battery making but industry says it still cannot meet targetsThe EU and UK car industries are urging the European Commission to adjust the Brexit trade deal and suspend, for a second time, tariffs on imports of electric vehicles. They have expressed concerns that they will not be able to meet the conditions set for 1 January 2027 for tariff-free sales. This is because of strict rules of origin over what products can qualify for...
Car industry pressing EU for further delay to Brexit EV tariffs
Exclusive: deal in 2020 had sought to stimulate local battery making but industry says it still cannot meet targetsThe EU and UK car industries are urging the European Commission to adjust the Brexit trade deal and suspend, for a second time, tariffs on imports of electric vehicles. They have expressed concerns that they will not be able to meet the conditions set for 1 January 2027 for tariff-free sales. This is because of strict rules of origin over what products can qualify for...