Industry News
GAC Aion sold 16,675 vehicles in Dec, up over 100% year-on-year
For the full year 2021, GAC Aion sold 123,660 units, up 119 percent year-on-year, it said.
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WM Motor delivered 5,062 vehicles in Dec, up 95.6% year-on-year
For the full year 2021, WM Motor delivered 44,157 vehicles, close to the last three years combined.
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Volkswagen ID. family delivered 13,787 units in China in Dec, down 2.7% from Nov
This is the fourth consecutive month that the Volkswagen ID. family of EVs has delivered more than 10,000 units in China, bringing total deliveries in China to 70,625 units in 2021
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Voyah delivered 3,330 vehicles in Dec, up 192% from Nov
Since deliveries began in August, Voyah has delivered a cumulative total of 6,791 vehicles at an average transaction price of over RMB 338,000 ($53,210).
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CPCA head expects China's NEV sales to top 6 million in 2022 as consumers seize final subsidies
He expects China's NEV sales to increase significantly by the end of 2022 before subsidies are removed in 2023.
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Chinese consumers take last chance to buy NEVs, even show cars, before subsidies fall
Three of the four show cars at Xpeng's flagship store in Beijing were sold at the beginning of the month and have not yet been restocked.
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China's subsidies for NEVs will be reduced by 30% starting tomorrow and will no longer be available starting 2023
China's purchase subsidies for NEVs will be reduced by 30 percent in 2022, and no more subsidies will be provided in 2023.
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Prominent economist says NEVs have most potential to replace real estate in economic contribution in China
Although the NEV industry currently contributes less than a tenth of what real estate does to the economy, it is growing at a very fast pace, according to Ren Zeping.
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Evergrande reportedly sees first production vehicle of Hengchi 5 roll off line
That's 12 days earlier than originally planned, and Evergrande will hold an official roll-out ceremony for its first vehicle in early January next year, local media said.
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Ford Mustang Mach-E production in China impacted as Covid lockdown in Xi'an affects battery supply
This comes just four days after deliveries of the Ford Mustang Mach-E to the first Chinese buyers began on December 26.
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