Showing posts with label Europe. Show all posts
Showing posts with label Europe. Show all posts

Leapmotor Localises in Europe as Stellantis Says the Partnership Lets Brands Complement Each Other

The alliance between Stellantis and China's Leapmotor is becoming a model for how Western and Chinese carmakers may work together. A Cailian Press commentary says that localised production and supply-chain integration represent a pivotal step for Leapmotor to establish itself in the European market, reduce costs and improve delivery efficiency.

InsideEVs, summarising Reuters reporting from the Paris show, says that a Stellantis executive, named as Antonio Filosa, told the outlet that working with Leapmotor has allowed their brands to complement each other. That suggests Stellantis sees the partnership as filling gaps in its product range, particularly in affordable electric cars, while Leapmotor gains access to a European network.

Localising production matters because it can reduce exposure to tariffs and shipping costs and can help meet requirements for local content. Reuters reports that major Chinese carmakers have been seeking European production, often in partnership with local firms, ahead of coming rules on European manufacturing. I have only seen summaries of these reports, so the specifics of Leapmotor's plans are not available to me.

For European consumers, partnerships like this may bring more affordable EVs sold through familiar dealer networks, which can ease concerns about service and warranty. For European workers, the question is whether local production will create jobs or whether components will still be imported. Policymakers face a delicate balance between protecting industry and encouraging competition. Watch for announcements of factories, models and sales targets, and for how other Western carmakers respond with their own partnerships. Customers should also look for clear information about who stands behind the warranty on a jointly developed car.

News sources

Europe's EV Share Hits 23.2% as U.S. EV Sales Fall After the Federal Credit Lapses

The EV market is moving in opposite directions on two sides of the Atlantic. Citing Reuters, FXStreet reports that electric vehicles made up 23.2 per cent of new car sales in Europe from January through September, up from 17.7 per cent a year earlier. In the United States, EV sales fell 30.7 per cent year on year over the same period, to 6 per cent of new vehicle sales, after the federal purchase credit lapsed.

Electrek adds that Europe posted a record September for EV sales while North America dropped 44 per cent, though the article's subtitle says there is a catch. I have only seen the headline and summary, so I cannot explain what the catch is, and readers should look at the full piece. The comparison suggests that policy support and fuel prices play major roles in how quickly people switch to electric cars.

The reasons may include price incentives, charging infrastructure, the availability of affordable models and, in Europe, tough emissions rules that push manufacturers to sell more EVs. In the United States, the end of the federal credit made EVs more expensive for buyers, and policy changes have created uncertainty for both carmakers and customers, as another report this week points out.

For consumers, the data is a reminder that EV adoption is uneven. If you are considering an electric car, look at the incentives and charging options in your own area, and compare the total cost of ownership, not just the sticker price. Higher fuel prices linked to the Middle East conflict may also change the calculation. Watch for the October registration data and for new affordable models, such as Ford's planned Fathom pickup, which may influence demand.

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