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The bankruptcy of Stellantis' Jeep joint venture in China could spell trouble for other global automakers whose output has plunged over the last five years in the world's largest car market, as domestic players rapidly overtake.
Daily Archive: November 28, 2022
Who’s next? Chinese EVs drive Stellantis’ Jeep off the road
The bankruptcy of Stellantis' Jeep joint venture in China could spell trouble for other global automakers whose output has plunged over the last five years in the world's largest car market, as domestic players rapidly overtake. The first joint venture failure by a foreign brand in the electric vehicle (EV) era, the Oct. 31 bankruptcy filing marks a turning point in that Chinese carmakers are beginning to surpass the long-dominant international brands in giving consumers what they want. "I do not expect Stellantis to be an isolated case," said Marco Santino, a partner at management consultants Oliver Wyman.
Who’s next? Chinese EVs drive Stellantis’ Jeep off the road
The bankruptcy of Stellantis' Jeep joint venture in China could spell trouble for other global automakers whose output has plunged over the last five years in the world's largest car market, as domestic players rapidly overtake. The first joint venture failure by a foreign brand in the electric vehicle (EV) era, the Oct. 31 bankruptcy filing marks a turning point in that Chinese carmakers are beginning to surpass the long-dominant international brands in giving consumers what they want. "I do not expect Stellantis to be an isolated case," said Marco Santino, a partner at management consultants Oliver Wyman.
Uber & Lyft Drivers To Get Support From New EV Charging Station In California
In many ways, an EV is a great fit for rideshare and delivery driving. How do I know? I’ve done it. A few years ago, I did that in a 2018 Nissan LEAF. Gasoline can cost upwards of $1,000 monthly for a rideshare or delivery driver who stays busy, even in a hybrid. But, if […]
Changan’s EV brand Shenlan acts as China’s NEV subsidies expire in a month
Shenlan is currently offering only the Shenlan SL03, which has an electric version, an extended-range version and a version with a hydrogen fuel cell.
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Electric Trucks Take the Load on the Road in New Zealand
Reliance Transport, with the help of the Low Emission Transport Fund administered by Australia’s Energy Efficiency & Conservation Authority (EECA), has commissioned two battery-powered Scania electric trucks to take the road in New Zealand. Reliance Transport is a last-mile cartage specialist based in South Auckland. The first-generation 29 tonne (GCW) battery electric vehicles (BEVs) are […]
NIO’s supercharging network completes initial coverage of highways in Jilin, northeast China
NIO today put 10 supercharging stations into operation in Jilin, bringing its network of supercharging stations in the northeastern Chinese province to 35.
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How Often Do Tesla’s Batteries Fail? How About Tesla’s Motors?
Tesla's batteries and motors can certainly fail, but it doesn't likely happen as often as some people think.
XPeng plans to develop its own batteries, report says
XPeng's battery R&D team is currently around 100 people, and the company already has a lot of communication with upstream raw material suppliers, according to local media.
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VinFast Exports First Electric Cars From Vietnam To The US
The company sent 999 VF 8, which should arrive in December.
