EV Industry

The CPCA believes that the shortage of production of passenger cars due to chip shortages does not amount to direct losses.

China's hottest-selling model, the Hongguang Mini EV, sold 17,307 units in February, down 53 percent from January.

Geely Auto Group's new energy and electrified vehicles sold 6,828 units in the first two months of the year, down 63.78 percent from 11,183 in the same period last year.

Huawei disclosed three automotive-related patents on March 5, indicating that the tech giant's presence in the automotive technology sector is still expanding.

The exterior of the model has been updated with the word "Macaron" embedded on the left side of the body, headlights with a retro design, and new wheels. The interior and features have also been upgraded.

This year's lack of mention has sparked widespread concern, but experts believe there is no need to worry.

China's auto sales estimate for February stood at 1.452 million units, down 42 percent from January, the China Association of Automobile Manufacturers said Friday.

China will steadily increase auto consumption and remove unreasonable restrictions on used car trading, according to the government work report delivered to the delegates of the National People's Congress as part of the annual "two sessions" for their review and approval.

Changchun will no longer use fuel cars for new cabs and official vehicles starting this year in an effort to be the pioneer city in promoting new energy vehicles in China's alpine and seasonal tundra regions.

The top three cities for new energy vehicle sales in China in 2020 are Shanghai, Beijing and Shenzhen, and the cities with the highest sales growth rates are Chongqing, Shanghai and Zhengzhou, according to a report released by Chinese search giant Baidu.