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China’s SAIC to Make MG Cars at First European Factory in Spain

Members of the media look at the MG Hector sports utility vehicle (SUV) on display during the vehicle's launch at the Morris Garages flagship showroom in Gurugram, Haryana, India, on Thursday, June 27, 2019. The launch of the Hector from the iconic brand MG, now owned by Chinese giant SAIC Motor Corp., marks the first Chinese entrant in a notoriously difficult market where the likes of General Motors Co. and Ford Motor Co. have struggled.

Bloomberg Markets 8d ago

China’s SAIC plans to build first EU car plant in Spain’s Galicia

China’s SAIC plans to build first EU car plant in Spain’s Galicia Galicia’s leader Alfonso Rueda said his administration had given the project an initial investment envisaged at around US$232 million China’s SAIC Motor plans to set up a car factory in Spain’s northwestern region of Galicia that would be its first production facility in the European Union, the regional government said on Monday. Galicia’s leader Alfonso Rueda said his administration had given strategic priority to the...

South China Morning Post 8d ago

China’s EV giants are breathing new life into Europe’s ailing car industry

China’s EV giants are breathing new life into Europe’s ailing car industry From Chery in Britain to SAIC in Spain, Chinese carmakers are investing in new plants and revitalising old ones as they localise production From Sunderland to Spain, Chinese manufacturers are revitalising idle factories and investing where traditional European carmakers are pulling back. The latest and perhaps most significant development in Britain is the preliminary agreement between Chery and Nissan to explore...

South China Morning Post 1d ago

CEO of Europe’s biggest tech company to EU: Don’t intervene when you don't have your own

The CEO of Europe’s most valuable tech company, ASML, has delivered a blunt reality check to European Union (EU) policymakers. Christophe Fouquet, the chief executive of Dutch chip equipment giant ASML, questioned the EU’s aggressive stance on technology independence, warning Brussels against interfering in global semiconductor supply chains when the continent lacks the infrastructure to back it up. “If you don’t have your own supply chain, then how do you intervene [in the supply chain]?”

Times of India 4h ago

Europe’s fight to stay in the AI race

Europe’s fight to stay in the AI race This week’s special edition of Talking Europe asks whether the EU is ready for the disruption that comes with Artificial Intelligence. It is the most important technological revolution of the century, and is set to impact every aspect of our lives. To display this content from YouTube, you must enable advertisement tracking and audience measurement.

France 24 9d ago

Blue Origin explosion ‘huge setback for everyone in space community’, ESA chief says

The European Space Agency’s (ESA) chief told Euronews that the explosion of a Blue Origin New Glenn rocket, which plays a crucial role in NASA’s Artemis missions to return to the Moon, will cause significant delays. ESA’s Director General, Josef Aschbacher, was “saddened” and “concerned” by the images showing the explosion of a Blue Origin New Glenn rocket during an engine test at a Florida launch pad last week, saying the damage was “quite big.” Amazon’s Jeff Bezos, who founded the space...

Euronews 9d ago

4 ways Europe wants to wean off US tech

BRUSSELS — The European Union wants to move away from foreign technology over concerns that overreliance has become a risk in shaky trade ties with Washington. The European Commission is finalizing a package of measures to boost its so-called technological sovereignty, set to be published on June 3. The package includes proposals to crack down on the bloc’s deep-rooted exposure to foreign technology in areas including cloud, artificial intelligence, microchips, software and data centers.

Politico EU 7d ago

EU launches major tech push to break US and China dependence

The EU is betting big on cloud computing and chips to reduce its technological dependence on the US and China, and to re-enter the global tech race. But whether it will succeed and how the two superpowers will react remain open questions. The European Commission has presented a sweeping package to boost homegrown technologies and reduce dependency on American and Chinese companies.

Euronews 7d ago

Every world leader who has visited China in 2026 in one chart

Every world leader who has visited China in 2026 in one chart China has hosted 26 leaders from 23 countries this year, underscoring its growing diplomatic and economic influence. British Foreign Secretary Yvette Cooper is the latest senior official in a steady stream of world leaders visiting China this year. During her three-day trip this week, Cooper is expected to meet her Chinese counterpart Wang Yi and Vice President Han Zheng in Beijing before travelling to the southern tech hub of...

Al Jazeera 8d ago

Industrial tourism: a different kind of holiday experience

What do an old steelwork, a 17th-century mill and a car factory have in common? All three are industrial sites... and tourist attractions! Six regions from six European countries are promoting tourism in industrial areas through the IndusTour project.

Euronews 2d ago