The new electric Micra will share the Renault 5 EV’s underpinnings and joins the Ariya midsize SUV as the automaker’s second full-electric model in Europe.
The MEB Plus platform with cheaper lithium iron phosphate battery chemistry is seen as the “next big step” for EVs to achieve profit margin parity with combustion-engine cars.
SUV-focused subsidiaries Omoda and Jaecoo to add four new models by 2026 while expanding drivetrains and entering new markets.
Nissan CEO Ivan Espinosa said his company is willing to help Dongfeng to produce its models outside of China. Dongfeng could avoid import tariffs by using Nissan's global production network.
Yasa’s tiny-but-powerful axial-flux electric motors can be found in hybrids sold by Ferrari, Lamborghini, McLaren and Koenigsegg.
Jaguar Land Rover aims to turn around its Chinese business with the new Freelander brand that will use Chery technology.
Chery will have more brands – Chery, Omoda, Jaecoo, Exlantix, Lepas, Jetour and iCaur – on sale in Europe than Renault Group and BMW Group combined by next year.
Nissan's only European factory is not part of CEO Ivan Espinosa's plan to close seven plants globally. New electrified models will be added at the plant in Sunderland, England, he said.
The agreement to lower tariffs on U.K. auto exports to the U.S. will prevent layoffs that were planned at a JLR plant, Britain’s U.S. ambassador said. British Prime Minister Keir Starmer announced the deal in front of workers at JLR's Solihull plant.
Sales of compact SUVs grew by 18 percent in the first three months to overtake small SUVs and become Europe’s most popular model type. Premium midsize and large SUVs also showed growth.