Industry News
Niu Technologies founder officially announces joining car-making bandwagon
Niutron's first model will be a mid-size SUV, which is scheduled for small batch trial production in March next year and will be officially launched in September next year.
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China's NEV sales expected to reach 5 million units next year, CAAM official says
The official expects China's vehicle sales to reach 26.1 million units this year, up 3.1 percent year-on-year, and are expected to reach 27.5 million units next year, up 5.4 percen
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China sees nearly 160,000 NEV-related company registrations in Jan-Nov
As of now, there are 409,000 NEV-related companies in China, with Shanghai being the city with the most, with 18,200.
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China's NEV industry finally gets dedicated insurance clauses
Dedicated insurance coverage will ease some consumer concerns about buying NEVs.
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China Galaxy Securities expects local NEV sales to exceed 6 million next year
The team expects China's NEV sales to be around 6.11 million units in 2022, accounting for more than half of the global market share.
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Further Reading: Owners explain why they chose HiPhi, China's highest-priced local EV brand
"There's no better choice."
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Deutsche Bank expects BEV sales in China to reach 5 million units next year
Edison Yu's team expects China's BEV penetration to be more than 40 percent by 2025, equivalent to about 10 million units.
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HiPhi, highest priced local Chinese EV brand, delivered 763 vehicles in Nov
HiPhi's first model, the HiPhi X, starts at RMB 800,000 ($125,600) for the four-seat version. By comparison, Nio's hot-selling Nio ES6 starts at RMB 358,000.
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China sold 450,000 NEVs in Nov, CAAM data show
China's NEV sales from January to November were 2.99 million units, up 166.8 percent year-on-year.
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Great Wall Motor's Ora brand mired in user outcry over downgraded chip usage
Ora previously claimed that its hot-selling Good Cat model used Qualcomm's octa-core chip, but it was discovered that it was actually Intel's quad-core chip, released five years ag
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