1 – BYD expands sales network in Germany
Sales company Hedin Electric Mobility will be established in the first half of 2024 Chinese electric vehicle brand BYD to add nine more locations “The new locations that Hedin has opened for BYD in Germany this year include Berlin, Munich, Dortmund and Göttingen. So-called ‘pioneer stores’ aimed at increasing brand awareness in major city centres have even been set up in Hamburg and Frankfurt,” BYD reports.
2 – Zeekr plans seven new models by 2026
China’s Geely Group’s premium brand “Zeekr” aims to achieve this goal within the next two years. 7 new electric vehicle models launch. Specifically, Zeekr wants to release another minivan and four different SUV crossovers, in addition to the already well-known Zeekr Mix minivan and station wagon version of the Zeekr 007. This was revealed from a leaked slide from a Deutsche Bank presentation. Around the world, minivans may no longer be in fashion, but in China, thanks to the country’s new three-child policy and a growing middle-class population, automakers are becoming more reliant on these “people movers.” Zeekr plans to include not just one, but three such MPVs in its product range in the future.
3 – New negotiations between the EU and China on electric vehicle tariffs
Federal Minister of Economics Robert Habeck says some progress was made during his visit to China Trade dispute over additional tariffs on electric vehicles The Chinese government and the EU are keen to talk again, raising hopes for a short-term solution. The two sides are said to have agreed to start consultations and discuss the issue “at all levels.” According to an EU Commission spokesman, the EU trade commissioner and China’s trade minister held their first “open and constructive discussions” on Saturday. Following the exchange, China’s Ministry of Commerce confirmed that it had agreed to these talks.
4 – Ferrari moves into the electric age
Sports car manufacturer Ferrari has opened a factory in Maranello, Italy. The company’s first electric model The drives and batteries are also manufactured for it. Ferrari wants to continue building sports cars with internal combustion engines in the new factory. “The plant reflects the principle of technological neutrality, as it houses the production and development of internal combustion engines, hybrid engines and new electric motors capable of offering the driving pleasure typical of Ferrari,” the Italians said. The new building will continue to be called the “E-Building”.