The latest proposal comes from Luca de Meo, the C.E.O. of Renault Group, who is pushing for an Airbus-inspired alliance that would help European automakers fend off competition from cheaper Chinese-made electric vehicles.
By Kimberley Kao Chinese electric-vehicle maker BYD reported higher quarterly sales and production volume despite stiff competition from Chinese rivals, with sales rebounding and exports.
EV market slowdown is beginning to show up in the numbers of the frontrunners in the industry, with China's BYD seeing a sharp Q-o-Q plunge in deliveries.
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