The Chinese electric car giant BYD is making a splash in Europe, and in a few weeks, it will open a showroom in central Stockholm. But many Europeans are turning a blind eye. “People have preconceived ideas, even in Sweden,” says Niklas Gustafson, BYD’s country manager in Sweden.
CarsFrench automaker Renault plans to invest billions to produce more electric cars and more affordable cars, Reuters reports.
CarsGrowth in deliveries is expected to slow this year, according to loss-making electric car manufacturer Polestar. The Gothenburg-based company is adjusting its target down to a low double-digit percentage.
CarsRenault is to start manufacturing drones at its factory in Le Mans, France. The French automotive group is aiming for 600 drones per month.
BusinessAmerican Ford Motor has reached an agreement with French Renault to collaborate on small electric cars for the European market - as a response to fierce competition from Chinese car brands such as BYD.
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