Etiqueta: Renault

The Tesla Model Y lost ground to Dacia Sandero’s benefit, and Chinese brands started to make their presence felt

Stellantis reportedly signs deal with BYD for lithium iron phosphate (LFP) batteries for new short-range and low cost versions of its Citroën ë-C3 and Fiat Grande Panda.

The Yuan Up, rebranded locally as the Atto 2, is the ninth model BYD has launched in Europe.

BYD Korea will ratchet up pressure on overseas carmakers here - particularly non-luxury brands with limited electric and hybrid lineups - as they are at growing risk of losing their identity as cost-effective carmakers amid the upcoming influx of ultra-cheap Chinese vehicles, experts and industry officials said Tuesday.

The Yuan Up has been rebranded as the Atto 2 in Europe, with a local launch expected next month.

BYD Shrugs off Tariffs to Bring Compact BEV SUV to Europe

The Atto 2, which complements the larger Atto 3 released in 2022, is the group's most accessible SUV yet and will compete in the B-SUV segment, a company spokesperson told Reuters. The launch comes two months after the European Union approved increased tariffs on Chinese-built electric vehicles (EVs), including BYD ones, of up to 45.3%. The Atto 2 will compete in Europe's so called B-SUV segment of compact EV SUVs with rival models including Stellantis' Peugeot e-2008, Citroën e-C3, Opel Mokka-e and Fiat 600e, the Kia Niro, and later this year Renault's new R4.

Read our outlook on the EV market for 2025, including insights into how increasing production in China will shape the industry.

Tesla's battery-electric vehicle registrations in Europe dropped 9.5% year-over-year in November 2024.

Since Vladimir Putin’s full-scale invasion of Ukraine in early 2022, Chinese carmakers have come to dominate the Russian auto market, filling the void left by Western rivals. Lately, however,…