CC BY-SA 4.0
Wu states that these plans are separate from the steps currently under consideration by the European Union to limit imports of hybrid cars from China.
Chinese car manufacturers are currently providing budget-friendly hybrids to Europe. In August, around 25% of the vehicles sold in this segment in the region were from Chinese companies.
Leapmotor collaborates with Stellantis. Deliveries of the first Leapmotor vehicle manufactured in Europe—the fully electric B10 crossover—are scheduled to commence this month from the Stellantis facility in Zaragoza, Spain. The firm intends to commence the assembly of a different model at the same location in the upcoming months.
Vehicles in Zaragoza are constructed with parts imported from China (including powertrains, electronics, and control units), while about half of the components—such as some mechanical assemblies and body parts—are obtained within Europe. The facility's production capability will span from 50,000 to 100,000 vehicles each year, with intentions to boost production in the future.
Wu pointed out that assembling contracts is less expensive and quicker than constructing a dedicated factory. Nonetheless, European manufacturing is not yet capable of satisfying the entire sales demand in Europe; the business predicts that its international sales will increase to around 400,000 vehicles next year. As a result, it will keep providing certain vehicles for different markets from China.
source: bloomberg.com
Chinese car manufacturers are currently providing budget-friendly hybrids to Europe. In August, around 25% of the vehicles sold in this segment in the region were from Chinese companies.
Leapmotor collaborates with Stellantis. Deliveries of the first Leapmotor vehicle manufactured in Europe—the fully electric B10 crossover—are scheduled to commence this month from the Stellantis facility in Zaragoza, Spain. The firm intends to commence the assembly of a different model at the same location in the upcoming months.
Vehicles in Zaragoza are constructed with parts imported from China (including powertrains, electronics, and control units), while about half of the components—such as some mechanical assemblies and body parts—are obtained within Europe. The facility's production capability will span from 50,000 to 100,000 vehicles each year, with intentions to boost production in the future.
Wu pointed out that assembling contracts is less expensive and quicker than constructing a dedicated factory. Nonetheless, European manufacturing is not yet capable of satisfying the entire sales demand in Europe; the business predicts that its international sales will increase to around 400,000 vehicles next year. As a result, it will keep providing certain vehicles for different markets from China.
source: bloomberg.com
