Automotive

AutomotiveMay 13, 2026

Stellantis-Leapmotor Deal Signals China's Auto Gamble in Europe

Stellantis has deepened its strategic partnership with Chinese automaker Leapmotor, enabling Leapmotor to produce a model for the European market by 2028. The collaboration involves jointly developing an electric SUV under the Opel brand, to be manufactured at Stellantis' Spanish plant in Zaragoza. This move helps bolster Stellantis' European presence while allowing Leapmotor to circumvent EU sourcing rules and potential tariffs. The deal highlights a broader industry trend, as competitors like Ford and Volkswagen are also reportedly exploring similar alliances with Chinese automakers.

AutomotiveMay 5, 2026

BYD EV Sales Drop Amid Fierce Competition in China

BYD's passenger EV sales fell by 15.7% in April 2026, marking the eighth consecutive month of decline. This domestic dip contrasts with a record export volume increase of over 70% compared to 2025, highlighting the company's reliance on overseas markets. The broader Chinese EV market demonstrated intense competition, as evidenced by rivals posting strong growth. Leapmotor reported a 73.9% year-on-year jump, while Zeekr saw a massive 131.6% increase. Other key players like Xiaomi and Nio also posted significant delivery figures, signaling a dynamic and highly competitive industry landscape.