EV Industry

China's passenger NEV wholesale sales were estimated at 840,000 units in February, up 82 per-cent year-on-year but down 5 percent from January.

China's retail sales of all passenger vehicles in the February 1-23 period were 924,000 units, down 30 percent from the same period last month.

Overall passenger car retail sales for February are expected to be around 1.25 million units, up 13.6 percent year-on-year but down 30.3 percent from January.

China's NEV retail sales improved last week, significantly narrowing the month-to-date decline.

China's January NEV exports totaled 150,000 units, marking the second consecutive month of record highs, boosted by higher BEV exports.

The Chinese New Year holiday from January 28 to February 4 brought disruptions to production and consumption activities.

Lynk & Co is offering limited-time discounts of up to RMB 17,000 on two hybrid models.

China's overall passenger car retail sales in January totaled 1.794 million units, down 12.1 percent year-on-year and down 31.9 percent from December.

Rox Motor has entered the Saudi market with the Rox 01 and secured more than 200 orders on the first day of the local LEAP 2025 event.

Overall passenger car retail sales in January were 1.85 million units, down 9 percent year-on-year and down 30 percent from December.