Major European automakers, including Renault, Volkswagen, and Stellantis, are competing in the electric vehicle market.
1 report, 1 independent
Updated 00:00
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What happened
Major European automakers, including Renault, Volkswagen, and Stellantis, are competing in the electric vehicle market.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Europe
terrestrial continent located in north-western Eurasia
- Verbio announced plans to commission a new plant at its Bitterfeld site, strengthening its presence in the European chemical industry.
- Slovakia is leveraging its nuclear power sector as a hub advantage while attracting foreign investment, including from German companies, as it seeks to strengthen European unity.
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Renault Group
Netherlandese holding company
Nothing else this week.
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Volkswagen Group
German automotive manufacturing conglomerate
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Stellantis
Franco-Italian-American multinational automotive manufacturer
Related events
- Renault manufactures cars in Morocco, supported by a free trade agreement between Morocco and the EU.
- Volkswagen Group continues to operate within the European markets.
- Chinese EVs are capturing nearly 10% of European car sales, threatening legacy automakers, while BYD explores factory locations in Spain and Hungary.
- Stellantis, which owns Fiat and Jeep, is investing in EV production sites and setting targets for fossil fuel phase-out in Europe.
- German carmakers are struggling with market shifts in Europe as Chinese manufacturers, including Chery, seek production partnerships and gain market share.