European market
Coverage of European market in the Nexus archive.
- Ford to partner with Chinese automaker Geely in Spain in new joint venture
Ford and Chinese automaker Geely announced a joint venture to manufacture low- and zero-emission vehicles at Ford's Valencia, Spain factory. The partnership, pending regulatory approval, will focus on five vehicles, including Ford's Kuga plug-in hybrid and a new Bronco SUV, as well as two Geely electric SUVs and a jointly developed crossover model starting in 2028.
- Crypto world rocked as new regulations push hundreds of platforms out of the European market, including giant Binance
New regulations in Europe have caused hundreds of crypto platforms to exit the market, including Binance. Changpeng Zhao, founder and former CEO of Binance, attended a conference in Hong Kong.
- German intelligence offices snub Palantir software
German intelligence offices have rejected the use of Palantir software, a US-based data analytics platform. The decision is seen as a significant setback for Palantir's expansion into the European market. German intelligence agencies will explore alternative solutions for their data analysis needs.
- In Full: UniCredit CEO Orcel on His Pursuit of Commerzbank
UniCredit CEO Andrea Orcel outlines his strategic interest in acquiring Commerzbank, a major German banking institution. The potential deal aims to expand UniCredit's presence in the European market.