Stellantis Leapmotor Deal Seeks EV Traction. “Cant’ Beat Them? Join Them!” Stellantis’s deal with Leapmotor of China was welcomed by some analysts as vital in its bid to survive, or even thrive, as the electric car revolution gains pace, although some considered it a bit risky. Stellantis, with its huge collection of mass market brands […]
Archive | Industry Analysis 2023
Europeans Expect Price Cuts On Cars, Even Electric Ones
Europeans Expect Price Cuts On Cars, Even Electric Ones. “Private buyers are nervous about technology change that may affect the desirability and residual value of the BEV they buy now” It’s a great time for Europeans wanting to buy a new car, particularly an electric one. The car market is growing but this outward sign […]
British Auto Industry Pleas For EU Tariff Delay
British Auto Industry Pleas For EU Tariff Delay. “if the rules are not delayed both the EU and U.K. competitiveness, transition to BEVs and net zero ambitions will be jeopardized” Britons face an extra charge of an average £3,400 ($4,135) per electric vehicle if the European Union fails to postpone a 10% tariff due to […]
Volkswagen Wants Cupra To Generate Electric Car Pizzazz
Volkswagen Wants Cupra To Generate Electric Car Pizzazz. “expensive experiment” The Cupra brand was invented by Volkswagen to broaden the appeal of its electric cars with its sportiness designed to appeal to younger drivers. Cupra may eventually attempt to conquer the U.S. market. Cupra will gradually replace SEAT, which never dared to appear in America. […]
Transplants, Joint Ventures Might Blunt China EV Impact
Transplants, Joint Ventures Might Blunt China EV Impact. “China can produce EVs 50% cheaper than the West” European manufacturers are braced for a Chinese electric car sales onslaught but the impact will be blunted by their establishment of factories in Europe and willingness to set up local joint ventures. China’s threat to European electric carmakers […]
China’s EV Threat Sharpens As U.S. And Europe Stumble
China’s EV Threat Sharpens As U.S. And Europe Stumble. “The price gap has widened, with the average retail price of an electric car available in China now less than half seen in Europe and the USA” China’s electric vehicles (EV) are getting cheaper, while the reverse is happening in Europe and the U.S., according to […]
WintonsWorld Electric Car Tests November 2023
WintonsWorld Electric Car Tests November 2023
BYD Seal Said To Have A 15% Price Edge Over Tesla
BYD Seal Said To Have A 15% Price Edge Over Tesla. “China has long dreamed of having its very own national champion in the auto sector, and BYD is turning that into reality” BYD introduced its new Seal sedan at the IAA Mobility Munich auto show Tuesday, aimed firmly at the market-leading Tesla Model 3, […]
UBS Cuts VW Rating On China Threat; Company Says China Going Well
UBS Cuts VW Rating On China Threat; Company Says China Going Well. Investment bank UBS downgraded its rating on Volkswagen, saying it is the most exposed carmaker to the threat from China, while VW said its activity in China was successful and progressing well, and reiterated its policy that profitability is its top priority. UBS […]
China’s Plans To Win Big EV Sales In Europe
China’s Plans To Win Big EV Sales In Europe. “We believe BYD Seal is not only cost-competitive compared to incumbents, but also 15% lower compared to Tesla Model 3” Europe’s automotive manufacturers were crying out for help at the IAA Mobility show in Munich, as Chinese manufacturers gathered to eat their lunch. The Munich show […]