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[BUSINESS] · China, Spain · 3 sources

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Chinese automotive expansion impacts Maserati and European markets

The automotive industry is undergoing significant shifts driven by Chinese technology and market expansion. Maserati, facing sales challenges compared to competitors like Ferrari, is reportedly in negotiations with Stellantis, Huawei, and JAC. This potential partnership aims to develop two new electric models, leveraging Huawei’s technology and JAC’s production expertise to accelerate the brand’s transition to sustainable mobility.

Simultaneously, the Spanish market is seeing a deep restructuring due to the influx of Chinese automotive brands. While pure electric vehicles remain a focus, plug-in hybrids have emerged as a dominant entry point for Chinese manufacturers. Companies such as BYD, Chery, MG, Geely, Changan, and GWM are expanding their presence by offering hybrid models that feature higher equipment levels, greater autonomy, and more competitive pricing than many traditional rivals.

Entities

BYD · Huawei · JAC · Maserati · Stellantis