Connect with us

Published

on

One week after reporting plans for a press event launching its new joint venture, Stellantis and Leapmotor have officially begun the new business venture together. The new JV, named “Leapmotor International,” will expand to sell Chinese EVs in Europe this fall, with additional markets to follow.

Today’s event is merely a confirmation of a launch we’ve been expecting for quite some time. Last fall, European automotive conglomerate Stellantis ($STLA) took a $1.6 billion stake in Chinese OEM Leapmotor.

In addition to gaining a 20% stake in Leapmotor, Stellantis’ investment also included forming a new joint venture in which Stellantis owns a 51% stake to sell the Chinese brand’s EVs in other markets. Europe had immediately been confirmed in the JV plans, but Stellantis CEO Carlos Tavares wouldn’t rule out the US as another possible option.

This past March, the new partners announced their joint venture had been approved after Stellantis gained regulatory approval in China to continue its stake.

Last week, we followed reports that CEOs from both Leapmotor and Stellantis were preparing a press event to officially launch the Leapmotor International joint venture and divulge more specific plans for where the latter will sell the former’s Chinese-made EVs around Europe. We now have our answer.

  • Chinese EVs Europe
  • Chinese EVs Europe

Leapmotor Intl. to bring Chinese EVs to Europe and beyond

Per a release from Stellantis today, Leapmotor International is officially open for business following a press conference in China attended by Carlos Tavares and Jiangming Zhu, the respective CEOs. The companies shared intentions to scale quickly to bolster the value of each brand internationally.

The joint venture is headquartered in Amsterdam, Netherlands, and led by former Stellantis China executive Tianshu Xin as CEO. Carlos Tavares shared his thoughts on the joint venture and the potential Chinese EVs from Leapmotor hold in markets throughout Europe:

The creation of Leapmotor International is a great step forward in helping address the urgent global warming issue with state-of-the-art BEV models that will compete with existing Chinese brands in key markets around the world. Leveraging our existing global presence, we will soon be able to offer our customers price competitive and tech-centric electric vehicles that will exceed their expectations. Under Tianshu Xin’s leadership, they have built a compelling worldwide commercial and industrial strategy to quickly ramp-up the sales distribution channels to support Leapmotor’s robust growth and create value for both partners.

The joint venture is already laying the groundwork in Europe to bring Leapmotor’s Chinese EVs to new markets, starting with the family-friendly C10 and the T03 compact urban commuter (both pictured above).

Stellantis said it will wield its existing sales channels in Europe to launch and distribute the Chinese EVs as early as September 2024, targeting these markets first: Belgium, France, Germany, Greece, Italy, the Netherlands, Portugal, Spain, and Romania. Stellantis expects to have at least 200 points of sale throughout these markets by year’s end and over 500 by 2026.

In addition to Europe, Stellantis shared plans also to begin selling Leapmotor’s Chinese EVs in other regions before the end of the year as well:

  • The Middle East & Africa
    • Turkey, Israel ,and French Overseas
  • India & Asia Pacific
    • Australia, New Zealand, Thailand, Malaysia, and India
  • South America
    • Brazil and Chile

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Kia plans to build 100,000 EV2 and EV4 models a year, far more than expected

Published

on

By

Kia plans to build 100,000 EV2 and EV4 models a year, far more than expected

Kia is about to go on the offensive. The automaker plans to nearly triple electric vehicle production in Europe within the next two years as it introduces the new EV2 and EV4.

Kia doubles down on EV2 and EV4 production plans

With the EV2 and EV4 joining the lineup, Kia will offer an electric vehicle for nearly everyone. The EV2 is Kia’s smallest, most affordable electric car, set to sit below the EV3.

Despite its compact size, Kia said the EV2 will “redefine urban electric mobility” with a flexible interior, its latest connectivity tech, and more.

According to Kia’s CEO, Ho Sung Song, the company plans to build about 100,000 EV2s at its Zilina plant in Slovakia.

Advertisement – scroll for more content

“The average annual production of the upcoming EV2 is expected to reach around 100,000 units at the Zilina plant in Slovakia in 2027,” Song told Automotive News Europe earlier this month.

Kia is also scaling up output of its first electric hatchback, the EV4. By 2027, Kia plans to build over 80,000 EV4s at the Zilina plant. If you add in the EV4 Fastback or sedan models built in Korea, “the EV4’s combined global production is expected to reach approximately 100,000 units,” Kia’s CEO said.

Kia-EV2-EV4
The Kia Concept EV2 at IAA Mobility 2025 in Munich (Source: Kia)

Song explained that Kia aims to produce 100,000 EV2 and EV4 models globally each year, as this volume will be high enough to make them profitable.

The new production target is considerably higher than what Kia Europe CEO Marc Hedrich told Automotive News Europe in August.

Kia-EV4-first-EV-Europe
Kia starts EV4 hatchback production in Europe, its first EV built in Europe (Source: Kia UK)

Hedrich said that combined EV2 and EV4 production could account for 10% and 20% of the output at the Zilina plant in 2026, adding that a production goal of 20,000 to 30,000 EV4s “would certainly make sense” next year.

Officials from Kia Europe explained that production plans shifted after the EV4 received better-than-expected feedback following its launch in August.

Kia-EV4-first-EV-Europe
Kia starts EV4 hatchback production in Europe, its first EV built in Europe (Source: Kia UK)

Kia began EV4 production on August 20, marking a milestone as its first EV built in Europe. Kia is investing €108 million ($125 million) in the Zilina plant to produce the EV2 and EV4. The EV2 will join in 2026.

The facility has the capacity to build 320,000 vehicles, but Kia said output could be expanded to 350,000 with overtime.

Kia-EV3
Kia EV3 Air in Frost Blue (Source: Kia UK)

Kia has yet to reveal final specs, but given the EV3 is about 4,300 mm (169.3″) in length, the EV2 is expected to be slightly smaller at around 4,000 mm (157″). That’s about the size of Hyundai’s entry-level EV, the Inster, at 3,825 mm (150″) in length.

Like the EV9 and recently launched EV5, Kia’s compact electric car features a more upright, crossover-SUV-like design.

Although Kia’s overall sales are down 3% in Europe through August, EV sales are up 56% to 71,179. The EV3 is driving growth as Kia’s second-best-selling vehicle behind the Sportage and as the seventh best-selling EV in Europe. Through the first eight months of 2025, Kia sold 45,269 EV3s in the region.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

The Honda Prologue scored big in August with incentives of over $12,000

Published

on

By

The Honda Prologue scored big in August with incentives of over ,000

Honda’s electric SUV was the third most popular EV in the US in August, behind the Tesla Model Y and Model 3. Offering over $12,000 in average incentives, the Honda Prologue scored big as buyers rushed to claim the federal EV tax credit.

Honda Prologue registrations surge with huge incentives

As the $7,500 credit expired at the end of September, automakers were offering pretty notable discounts, many in the five digits with combined incentives.

The Honda Prologue has been one of the most discounted EVs over the past few months. Last month, buyers could score up to over $20,000 in combined savings, including a $7,500 credit, $9,500 in financing bonuses, trade-in offers, and 0% interest for six years.

According to the latest registration data from S&P Global Mobility (via Automotive News), the incentives helped propel the Honda Prologue to become the third most popular EV in August.

Advertisement – scroll for more content

A total of 138,457 EVs were registered in the US in August, up 24% from a year ago. Honda Prologue registrations surged 81% to 9,005 vehicles, the data showed.

Honda-Prologue-EV-incentives
2025 Honda Prologue Elite (Source: Honda)

Since some automakers don’t report monthly or US sales numbers, the S&P Global Mobility data offers a snapshot of sales performance.

The Prologue was yet again one of the most discounted models, with incentives of $12,704 in August, according to Motor Intelligence. Last August, Prologue incentives were just $5,813. Honda’s gas-powered CR-V had just $2,016 in incentives in August.

Honda-Prologue-EV-incentives
2025 Honda Prologue (Source: Honda)

Although the $7,500 credit expired on September 30, Honda is still offering generous incentives for Prologue buyers and lessees.

The 2025 Honda Prologue is available with up to $16,550 in lease cash in most states. Alternatively, Honda is offering 0% APR financing for up to 60 months.


2025 Honda Prologue trim
Starting Price* EPA Range
(miles)
EX (FWD) $47,400 308
EX (AWD) $50,400 294
Touring (FWD) $51.700 308
Touring (AWD) $54,700 294
Elite (AWD) $57,900 283
2025 Honda Prologue prices and range by trim (*Does not include $1,450 D&H fee)

Although the Acura ZDX will not return for a 2026 model year, Honda is planning to launch the 2026 Prologue. We have yet to learn prices, but we could see it priced slightly lower due to the loss of the $7,500 EV credit.

Hyundai announced earlier this month it’s reducing 2026 IONIQ 5 prices by up to nearly $10,000 on some trims. The 2026 Hyundai IONIQ 5 now starts at under $35,000. Will Honda match it?

Want to check out the Prologue for yourself? You can use our link to find available Honda Prologue models in your area (trusted affiliate link).

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Oregon launches its first solar + storage DC fast charging station

Published

on

By

Oregon launches its first solar + storage DC fast charging station

XCharge North America (NA) has opened Oregon’s first solar + storage DC fast charging station at Arrowhead Travel Plaza in Pendleton, part of the Wildhorse Resort & Casino complex owned by the Confederated Tribes of the Umatilla Indian Reservation.

NetZero Energy helped bring the project to life, handling system design and project management. The solar canopy provides renewable power to the chargers, while the integrated batteries make the site more resilient and capable of off-grid operation during outages.

The new station integrates four dual-dispenser 215kWh GridLink chargers with 40kW of solar that can output up to 194kW per unit, allowing drivers to charge quickly with CCS1 or NACS plugs while reducing strain on the grid. The site’s location on Interstate 84 is key because Arrowhead serves more than 1.7 million vehicles a year. Many drive the steep, rough weather-prone Cabbage Hill grade, where a full charge is essential for safety.

“We partnered with XCharge NA because they provide a grid-friendly charging solution with battery storage that seamlessly integrates with a custom solar canopy – a perfect fit for our climate,” said Tom Fine, general manager of Arrowhead Travel Plaza.

Advertisement – scroll for more content

Each GridLink charger includes bidirectional capability, meaning it can send power back to the grid or function off-grid in the event of an emergency. It also has a built-in safety system that monitors battery packs with multiple sensors and fire suppression technology.

With this project, XCharge North America now operates in 18 states. Cofounder and president Aatish Patel called Oregon’s first solar-supplemented DC fast-charging site a milestone: “Our Arrowhead Travel Plaza installation goes beyond simply delivering ultra-fast charging – it’s a powerful demonstration of how integrating our GridLink technology with solar power can offset grid demand, enhance a charging site’s resilience and flexibility, and even bolster the region’s energy architecture.”

Read more: XCharge NA is now leasing DC fast chargers to small businesses


The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending