Industry News

Chery sends 24,000 vehicles to 11 countries during Chinese New Year holiday
In 2022, 3.11 million vehicles were exported from China, of which Chery contributed 452,000, or 14.5 percent. ...
Shanghai's NEV ownership approaches 1 million, 55% BEVs
In terms of penetration, new registrations of NEVs in Shanghai contributed 53 percent of all new vehicle registrations in 2022. ...
Shanghai extends $1,500 subsidy to encourage residents to replace cars with EVs
The policy was first released in Shanghai last May and was valid until the end of 2022. ...
China Jan passenger NEV retail sales expected to fall over 40% from Dec, CPCA says
Auto dealers' sales pace was disrupted in January due to the impact of the Covid infection wave and the early timing of the Chinese New Year, the CPCA said. ...
China NEV insurance registrations in 2nd week of Jan: BYD 40,420, Tesla 12,654, NIO 2,963
In the second week of January, China's NEV sales, as measured by insurance registrations, were 99,000 units, up 37.51 percent year-on-year and up 28.61 percent from the previous we ...
China's NEV sales at 814,000 units in Dec, contributing 31.8% of all vehicle sales, CAAM data show
For the full year 2022, China's NEV sales were 6.887 million units, up 93.4 percent year-on-year, accounting for 25.6 percent of all vehicle sales. ...
CPCA rankings: Top-selling automakers and models in China in Dec 2022
Here is the CPCA's ranking of the top performers and models for December and the full year 2022. ...
BMW sells 41,886 BEVs in China in 2022, up 91.6% from 2021
BMW said it will accelerate its electrification this year, bringing 11 BEV models to Chinese customers. ...
China's NEV ownership hits 13.1 million by end of 2022, but only accounts for 4.1% of total fleet
By the end of 2022, there were 10.45 million battery electric vehicles (BEVs) in China, accounting for 79.78 percent of all NEV ownership. ...
China EV market getting through rough patch and should return to normal trend growth by spring, says Deutsche Bank
On a full-year basis, the reopening of China will have a positive impact on consumer sentiment and should boost vehicle production and sales in the second quarter, said Edison Yu's ...