Etiqueta: Stellantis

At the same time, China's No. 1 automaker will start making cars earlier than expected at a new plant in Turkey where labour costs are lower, and will vastly exceed its announced production plans, one of the sources said. Shifting production away from Hungary in favour of Turkey would be a setback for the European Union, which has been hoping that its tariffs on EVs made in China would bring in Chinese investments and well-paid manufacturing jobs.

Company EVP Stella Li pledges to create more than 5,000 jobs in Britain through dealerships by next year

This morning we're looking at Stellantis' multi-billion-dollar 2025 losses, as well as BYD's stagnation.

June saw plugin EVs take 28.4% share in Germany, up from 19.8% year on year. BEV volumes were up modestly, while PHEVs increased strongly

A new study models the impact of EU electric vehicle leadership and ambitious policies on investment and jobs.

BYD said it still plans to grow in North and South America, but it doesn’t know when.

BYD has canceled plans for a major electric vehicle factory in Mexico, citing uncertainty around US trade policies and rising tariffs on Mexico-made cars. The Chinese EV maker is expanding elsewhere, including in Brazil, where it faces labor violations. BYD remains focused on long-term international growth despite these setbacks

Another company claims to have solid-state EV batteries in the works that will unlock well over 1,000 miles (3,000 km)...

Europe's new car market saw a 2.5% year-on-year increase in registrations in May 2025, with a total of 1,107,517 new vehicles registered across 28 European markets.