Etiqueta: Renault

Saudi Aramco and the Chinese electric vehicle giant BYD announced Monday an agreement to work together on what they called new-energy vehicle technologies.

The Chinese government seems to delayed the approval of Geely's plans to have Renault build its EVs in Brazil and BYD's plans to build a factory in Mexico.

Approval from China has taken longer than expected for the projects, with China’s state planner raising concerns that there are tech transfer risks in the Chinese automakers’ plans, Reuters reports.

Tesla just got an unexpected break as Beijing stalls Chinese automakers' expansion into Latin America.

China is delaying approval for BYD and Geely to produce cars in Latin America as US tariffs fuel trade and economic uncertainties, Reuters reported.

Geely and Renault said in February they had reached an agreement for Geely to use the French automaker's production facilities in Brazil and take a minority stake in Renault's business in the Latin American country. BYD announced plans for a Mexican plant in 2023 and said last year it would announce where the factory would be located by the end of 2024.

In our modern, turbocharged, reality we are rushing towards an exotic new future.  A future in which vehicles are powered by new, sustainable sources of energy; where some cars drive themselves or where ‘hybrid vehicles’ merge the merits of multiple modes of transport.  With unprecedented speed we are driving, pedaling and in some cases even flying into a brave new world.

Ten carmakers, including BMW and Ford , and two trade bodies have reached a settlement with the UK's antitrust regulator to pay 77.7 million pounds ($100.43 million) in fine after admitting to breaking vehicle recycling-related competition law, Competition and Markets Authority said on Tuesday.

The EU’s EV sales targets for 2030 and 2035 look impossible, despite the arrival the cut-price BYD Surf. Pressure is mounting to allow new combustion power after 2035.

Chinese giant aims straight at the Tesla Model Y with its new electric family SUV