xiaomi

The sharp slowdown in Byd’s accounts (and also those of its main rival, Geely) should not at all please Western carmakers: if the Chinese market is now saturated, all efforts will be focused on capturing shares of the European market. Indeed, Beijing is outraged by the Industrial Accelerator Act, which could represent a protectionist obstacle in the race of Asian manufacturers for expansion.

Xiaomi has opened its new Research and Development hub in Germany, in Munich, with the goal of taking over the streets of the Old Continent by 2027. The choice of the city does not seem at all random, given that many engineers and designers come precisely from BMW…

Rumors are resurfacing that Stellantis is courting Chinese brands such as Xiaomi, Xpeng, and Dongfeng to allocate the largely underutilized European plants, including the Italian ones that are continuously under layoff schemes. This strategy is similar to what is being tested in Canada, where Leapmotor would replace the vehicles once destined for the US. Having promised 13 billion in investments on American soil, the Group is increasingly looking overseas.

According to rumors promptly denied by the Franco-Italian Group, Stellantis is reportedly trying to forge an alliance with several Chinese brands: know-how in exchange for sharing production facilities. Asian companies would thus gain access to a widespread industrial system while avoiding Western restrictions on Chinese technology. But the rumors go further, suggesting a possible division of the American and European operations of the giant chaired by Elkann, and they again raise the possibility of the partial sale of Maserati.

Byd’s sales slow down for the fifth consecutive month, and its main rival Geely takes advantage to pull ahead. But most Chinese cars are noticeably slowing down: has the local market reached saturation?