EV Industry
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China NEV retail up 28% year-on-year in May, back above 1 million units
BEVs sold 607,000 units in May, up 22.6 percent year-on-year, accounting for 59.5 percent of NEV sales.
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China NEV retail up 30% year-on-year to 1.06 million in May, preliminary CPCA data show
This marks the first time this year that China's NEV retail sales have returned to above 1 million units.
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Car carrier on fire carried vehicles from several Chinese brands, report says
Morning Midas was transporting about 3,000 cars from several Chinese automakers, including Chery and Great Wall Motor, according to Bloomberg.
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Car carrier sailing from China carrying EVs catches fire in Pacific Ocean
A car carrier departing from China and carrying EVs was abandoned after catching fire in the middle of the Pacific Ocean on Tuesday.
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CPCA estimates China's May NEV wholesale to grow 38% year-on-year to 1.24 million
In May, China's passenger NEV wholesale sales are expected to reach 1.24 million units, a year-on-year increase of 38 percent and a month-on-month increase of 9 percent.
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China NEV retail at 726,000 in May 1-25, up 31% year-on-year
China's retail penetration of NEVs was 53.5 percent in the May 1-25 period, and 49.2 percent year-to-date.
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CPCA expects China May NEV retail at 980,000, up 23% year-on-year
In May, China's passenger NEV retail sales are expected to be 980,000 units, with penetration at around 52.9 percent.
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Defunct Chinese EV brand HiPhi reportedly resurrects after change of boss
An investor from Lebanon has invested in HiPhi and the countdown is on for the brand's work resumption, according to local media.
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China NEV retail at 484,000 in May 1-18, up 32% year-on-year
China's NEV penetration at retail stood at 52.0 percent in May 1-18 and 48.8 percent year-to-date.
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China NEV retail at 294,000 in May 1-11, up 32% year-on-year
China's cumulative retail sales of passenger NEVs so far this year stood at 3.618 million units, up 35 percent year-on-year.
