Latest news with #NicThomas
Time of India
03-07-2025
- Automotive
- Time of India
China's Changan plans European factory, executive says
Chinese automaker Changan plans a European factory to support its future sales on the continent and is already weighing up possible locations for the plant, an executive told Reuters on Wednesday. "We're committed to being in Europe, making in Europe for Europe," said Nic Thomas, Changan's European head of marketing, sales and service, during a test drive of the automaker's electric Deepal S07 SUV at an event outside London. "We're working on local manufacturing solutions here." Thomas said he could not discuss timing for a European assembly plant but said "we already believe we're going to hit the (sales) volume, so we're already in the planning stages." Changan said in March that it plans to enter 10 markets across Europe this year with electric vehicle models. Thomas, who also runs Changan's UK operations , said the automaker will start selling the Deepal S07 to British consumers this year, with deliveries starting in September. In 2024, Changan was the world's No. 16 automaker with sales of just over 2.2 million vehicles, according to car industry analyst Felipe Munoz. Thomas said Changan sold 600,000 cars outside China last year and this year aims to increase that 1 million vehicles. Changan joins a number of other Chinese automakers that have already launched sales in Europe, including BYD and Chery . The European Union has imposed tariffs on Chinese-made EVs, but both BYD and Chery have already announced plans for local car production. BYD is building an EV plant in Hungary and Chery will build cars in Spain with local joint venture partner Ebro. Earlier on Wednesday, Chinese automaker Geely said it was launching its Geely brand in Britain and its first vehicle to go on sale in the country will be its electric EX5 SUV.
Yahoo
02-07-2025
- Automotive
- Yahoo
Changan plans European factory to support sales expansion
-- Chinese automaker Changan plans to build a factory in Europe to support its future sales on the continent, a company executive said on Wednesday. "We're committed to being in Europe, making in Europe for Europe," said Nic Thomas, Changan's European head of marketing, sales and service, during a test drive of the automaker's electric Deepal S07 SUV at an event outside London. "We're working on local manufacturing solutions here." Thomas indicated that the company is already evaluating potential locations for the plant. While he did not provide specific timing for when the European assembly plant might be built, he noted that planning is already underway based on expected sales volumes. In March, Changan announced plans to enter 10 European markets this year with its electric vehicle models. Thomas, who also oversees Changan's UK operations, said the company will begin selling the Deepal S07 to British consumers this year, with deliveries scheduled to start in September. Related articles Changan plans European factory to support sales expansion Datadog to join S&P 500, replacing Juniper Networks OpenAI denies partnership with Robinhood on stock tokens Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
02-07-2025
- Automotive
- Reuters
China's Changan plans European factory, executive says
LONDON, July 2 (Reuters) - Chinese automaker Changan ( opens new tab plans a European factory to support its future sales on the continent and is already weighing up possible locations for the plant, an executive told Reuters on Wednesday. "We're committed to being in Europe, making in Europe for Europe," said Nic Thomas, Changan's European head of marketing, sales and service, during a test drive of the automaker's electric Deepal S07 SUV at an event outside London. "We're working on local manufacturing solutions here." Thomas said he could not discuss timing for a European assembly plant but said "we already believe we're going to hit the (sales) volume, so we're already in the planning stages." Changan said in March that it plans to enter 10 markets across Europe this year with electric vehicle models. Thomas, who also runs Changan's UK operations, said the automaker will start selling the Deepal S07 to British consumers this year, with deliveries starting in September. In 2024, Changan was the world's No. 16 automaker with sales of just over 2.2 million vehicles, according to car industry analyst Felipe Munoz. Thomas said Changan sold 600,000 cars outside China last year and this year aims to increase that 1 million vehicles. Changan joins a number of other Chinese automakers that have already launched sales in Europe, including BYD ( opens new tab and Chery ( The European Union has imposed tariffs on Chinese-made EVs, but both BYD and Chery have already announced plans for local car production. BYD is building an EV plant in Hungary and Chery will build cars in Spain with local joint venture partner Ebro. Earlier on Wednesday, Chinese automaker Geely ( said it was launching its Geely brand in Britain and its first vehicle to go on sale in the country will be its electric EX5 SUV.
Yahoo
02-07-2025
- Automotive
- Yahoo
China's Changan plans European factory, executive says
By Nick Carey LONDON (Reuters) -Chinese automaker Changan plans a European factory to support its future sales on the continent and is already weighing up possible locations for the plant, an executive told Reuters on Wednesday. "We're committed to being in Europe, making in Europe for Europe," said Nic Thomas, Changan's European head of marketing, sales and service, during a test drive of the automaker's electric Deepal S07 SUV at an event outside London. "We're working on local manufacturing solutions here." Thomas said he could not discuss timing for a European assembly plant but said "we already believe we're going to hit the (sales) volume, so we're already in the planning stages." Changan said in March that it plans to enter 10 markets across Europe this year with electric vehicle models. Thomas, who also runs Changan's UK operations, said the automaker will start selling the Deepal S07 to British consumers this year, with deliveries starting in September. In 2024, Changan was the world's No. 16 automaker with sales of just over 2.2 million vehicles, according to car industry analyst Felipe Munoz. Thomas said Changan sold 600,000 cars outside China last year and this year aims to increase that 1 million vehicles. Changan joins a number of other Chinese automakers that have already launched sales in Europe, including BYD and Chery. The European Union has imposed tariffs on Chinese-made EVs, but both BYD and Chery have already announced plans for local car production. BYD is building an EV plant in Hungary and Chery will build cars in Spain with local joint venture partner Ebro. Earlier on Wednesday, Chinese automaker Geely said it was launching its Geely brand in Britain and its first vehicle to go on sale in the country will be its electric EX5 SUV. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
