AUTOMOTIVE NEWS CHINA
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Zhejiang Leapmotor Technologies has more than last week’s disastrous trading debut in Hong Kong to worry about. While the EV upstart's T03 mini car is outselling the likes of Nio and Xpeng in China, it isn’t profitable.
VW already carries out research and development for vehicle technology in China, seen as a more advanced market on digital innovation than Europe or the U.S.
Renault, Peugeot, Jeep plan public debuts for key models, while China's Great Wall and BYD kick off their European push at the show, which is being held for the first time since 2018.
The deal is a boost for BYD, which seeking to establish a foothold selling electric vehicles in European markets including Germany.
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