Industry News
Nio's OEM JAC sells 10,251 EVs in Feb, up 57% year-on-year
This was up 57.2 percent from 6,522 in the same month last year, but down 34 percent from 15,536 in January.
Geely sells 14,501 NEVs in Feb, up 471% from a year ago
Geely sold 12,239 BEVs including battery swap-enabled models in February, up 1,430 percent from 800 in the same month last year.
WM Motor to launch new E.5 sedan at Beijing Auto Show
The WM Motor E.5 model was previously sold only to large customers and was used for ride-hailing.
China will continue to support consumption of NEVs, says government work report
Supporting the consumption of NEVs is part of China's drive for a sustained recovery in consumption.
China's NEV sales could significantly exceed expectations this year, MIIT minister says
The CAAM previously said that China's NEV sales are expected to reach 5 million units this year, up 42 percent year-on-year, with a market share expected to exceed 18 percent.
China building open-source software community for auto industry
Several car companies, including Li Auto, Geely, WM Motor, Zeekr, and BYD, participated in the first preparatory meeting.
Voyah to launch its MPV model in April
The Voyah Dream can accelerate from 0 to 100 km/h in as fast as 5.9 seconds, making it the "world's fastest MPV," the company previously said.
Chongqing Sokon sells 3,229 NEVs in Feb, up 510% year-on-year
This is down 8.3 percent from 3,520 units in January. The first AITO M5 vehicles, jointly built by Huawei and Sokon, will be delivered in Shanghai on March 5.
SAIC sells 45,267 NEVs in Feb, up 48% year-on-year
This was down 37.3 percent from 72,236 units in January and accounted for 14 percent of the group's sales of all models in February.
China adds 180,000 NEV-related firms in 2021
There are now 452,000 NEV-related companies in China, with the significant growth in that number occurring mainly in the past three years.