Geely and Renault Invest $368M in Brazil Venture to Compete with BYD
Renault and Geely invest €319M in Brazil, totaling €899M by 2027 for new energy vehicle production and expansion.
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BYD Overtakes Tesla in Europe EV Sales, Ranks Eighth in January
BYD achieved this milestone even as the EU slaps a 27% tariff on China-made EVs, with growth driven by the budget-friendly Dolphin Surf.
EU Weighs 70% Local Content Rule for EV Subsidies to Counter Chinese EVs
The draft would require subsidized EVs to be assembled in the EU, with at least 70% of components sourced locally, excluding batteries. The threshold remains under discussion.
Geely, Ford in Talks Over Capacity Sharing and Smart Driving Cooperation
For Geely, localized production in Europe could cut costs and reduce tariff exposure, as Chinese carmakers accelerate regional manufacturing strategies across the continent.
China’s Global Auto Market Share Climbed to 38% in Oct
From January to October 2025, China sold 27.65 million vehicles, up 12% YoY, representing 34.9% of global auto sales.
Renault Banks on Retro Design, China Supply Chain for New Twingo E-Tech
Renault launched the Twingo E-Tech, an affordable electric city car, highlighting efficiency and a retro-modern design.
Geely–Renault JV Horse Powertrain Taps Leapmotor, Chery and JAC for Overseas Push
Horse aims to become the world’s largest producer of engines and hybrid systems by 2035 and has already developed hybrid powertrains for Renault and Geely.