Registrations of BEVs by Chinese carmakers surged across Europe in November, almost equalling those of market leader Tesla. According to Jato Dynamics the standout performances of the month came from China’s automakers, which combined registered more than 24,100 units of BEVs in November (including Volvo, Polestar and Lotus), just behind Tesla. China’s automakers increased market share in the BEV category, ...
Read More »Jameel Motors seeks dealers to sell Geely-owned Farizon SV electric van
Distributor Jameel Motors and van manufacturer Farizon Auto, the commercial vehicle division of Chinese vehicle manufacturer Geely, have struck a deal to sell the Farizon SV large electric van in the UK. UK sales start in the first half of 2025 in what is part of an international launch, which will see Farizon’s vehicles distributed in new and select markets, ...
Read More »Chinese carmakers to double production abroad to avoid tariffs
Chinese carmakers are pumping millions into production facilities abroad with a view to double their production capacity to over 2.7 million vehicles by 2026. The aim is to circumvent looming import tariffs and address the burgeoning demand for electric vehicles (EVs). According to a recent report by Bloomberg, these firms aim to more than double their annual production capabilities outside ...
Read More »European Union to impose tariffs on Chinese cars
The EU is expected to announce today it is imposing tariffs on Chinese cars coming to Europe, according to reports. The EU is said to have notified car makers that it would apply additional duties of up to 38.1% on imported Chinese electric vehicles from next month, according to Reuters. This follows hard on the US imposing 100% tariffs on ...
Read More »Buyers will ‘switch’ to Chinese brands if price is right
Consumers will consider switching to one of the new car brands coming to the UK if prices are significantly lower than those of established marques. That’s the conclusion of JudgeService’s Car Buyer Barometer, which found that three-quarters of 1,000 consumers polled would be tempted by cheaper prices. New entrants to the UK include BYD, Aiways, Fisker, Geely, GWM ORA and ...
Read More »Chinese cars: “Dealer opportunities could be significant”
Back in 2007, the idea of Chinese carmakers exporting their ‘own-brand’ products to the UK seemed somewhat fanciful, even though MG had been bought by Nanjing Automobile Corporation (NAC) the previous year and veteran British car salesmen – including Paul Williams, then MD for Landwind’s European operation – were talking up their plans. Although Williams conceded back then there was ...
Read More »Geely to launch electric car to rival Tesla
Geely Auto has created a new company Zeekr to manufacture electric cars and go head-to-head with Tesla. The first Zeekr cars are expected to be delivered in the third quarter of 2021, with production being undertaken by parent company Geely Holding. Zeekr said it wants to bring a new electric vehicle to market each year in the coming five years. ...
Read More »Geely takes 50% stake in Smart to build new range of EVs
Chinese carmaker Geely has taken a 50% stake in Smart from Daimler. As part of the deal a new generation of smart electric models will be assembled at a new electric car factory in China with sales due to begin in 2022. The Smart product range is also to be extended into the Fiesta class B-segment. The board of directors ...
Read More »Polestar pushes ahead with retail plans for brand
Polestar, Volvo Car Group’s performance arm, is set to reveal the location of first physical standalone centres, called Polestar Space. Instead of traditional car dealerships, Polestar Spaces will be opened in major metropolitan centres, typically in the company of other innovative brands. The company has plans for 60 Polestar Space outlets worldwide by 2020. Polestar said it is offering a ...
Read More »Lynk & Co to use pop-up stores in the UK
Geely-owned Lynk & Co will offer UK buyers cars from four pop-up mobile showrooms and a fixed central London location. Originally British sales were scheduled to start next year, but have been delayed until 2020. The company plans to use a direct sales model throughout Europe, with single showrooms in capital cities and touring pop up venues that will make ...
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