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...Stellantis — which includes France’s PSA following the 2019 merger — made a record $17.7bn in net income last year, almost all coming from North America....
...Germany and about 10 of the 27 member states support the UK demand for a three-year delay to implementing the rules, while France remains opposed....
...with direct knowledge of the situation said was agreed after months of internal turmoil, removes one of the strongest opponents of the terms under which Nissan is seeking to rebalance its alliance with France...
...peter.campbell@ft.com...
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Carve-out falls victim to slipping growth but De Meo insists battery power still going to be ‘dominant’ in Europe
...Stellantis, which makes small electric vans at its Ellesmere Port plant in north-west England, currently imports all mid-sized models for the UK market from France....
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...He added that other major European markets, including Germany and France, still offered incentives to retail customers buying electric cars, leaving the UK in the “bottom half” of Europe for EV market share...
...While EV sales have risen strongly across almost all other markets — up by more than 30 per cent in Spain, the UK, Germany and France — sales of battery cars in Italy rose by just 1 per cent....
...Their announcement follows VW’s confirmation this week that it was in talks with France’s Renault to pool resources to develop lower-cost EVs....
...Sweden is a modest market for the carmaker, and dwarfed by its main markets of UK, Germany and France....
...media reports all the time about queueing at a charger, that wouldn’t be good,” said BMW’s Becker, who added he did not have to queue once at a charging station while taking an electric road-trip across France...
...BYD’s Atto 3, the company’s cheapest model, sells for €38,000 in Europe, while the Tesla Model 3 is priced at around €43,000 in major markets such as Germany and France....
...While Tesla is the best-selling EV brand in the Nordic country, the market is only the fifth-largest in Europe, behind Germany, the UK, France and Norway....
...The company said it would roll out slowly, beginning with sales in Switzerland from Friday and moving to Sweden and France in time, with the aim to expand to a handful of markets in the next two years....
...The shift in Ireland contrasts with the picture in Germany, France and Italy....
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