EV Industry

Retail sales of all passenger vehicles in China totaled 1,083,000 units in the December 1-15 period, up 14 percent from the same period last month.

China's retail sales of all passenger vehicles in December 1-8 were 502,000 units, up 11 percent from the same period last month.

Jiyue CEO unveiled 4 priorities, including merging positions and cutting projects that won't improve financial performance in the short term.

Domestic NEV sales in November reached a record high for the third consecutive month at 1,429,000 units, according to data from the CAAM.

Retail sales of NEVs in China exceeded 1 million for the fourth consecutive month in November, although penetration declined sequentially for the third time in a row.

China's retail penetration of NEVs was 52.2 percent in November and 47.36 percent year-to-date.

This is the fifth time that China's monthly NEV wholesale sales have exceeded 1 million units.

A total of 1,171 vehicles were on display at the 2024 Guangzhou auto show, of which 512 were NEVs, with NEVs on display in almost all booths.

China's NEV penetration at retail is expected to be 53.3 percent in November, up from 52.9 percent in October.

Retail sales of all passenger cars in China totaled 1.11 million units in the November 1-17 period, up 30 percent from a year earlier and up 3 percent from a month earlier.