Industry News
Dongfeng's electric off-road brand M-Hero to export cars to Middle East
M-Hero will soon export the M-917 off-road vehicle to the Middle East, which was previously launched in Switzerland.
China NEV retail in Apr flat from Mar at 706,000, preliminary CPCA data show
In April, China's retail sales of all passenger vehicles stood at 1.585 million units, down 2 percent year-on-year and 6 percent lower than in March.
China Apr NEV wholesale at 800,000, down 2% from Mar, CPCA estimates show
Since the beginning of the year, consumers have been in a wait-and-see mood, and the passenger car market has not been able to regain momentum in sales, the CPCA said.
Local Chinese carmaker's overseas sales up 40% in Q1; SAIC, Chery contribute lion's share
Xpeng had overseas sales of 1,783 units, Nio 388 units and Leapmotor 271 units in the first quarter.
Great Wall Motor delays target of 1 million annual overseas sales from 2025 to 2030
Great Wall Motor plans to achieve overseas sales of over 1 million units by 2030, with premium models accounting for more than 1/3 of the total, it said.
China's new energy products do not have overcapacity, but undersupply, state paper says
China's new energy industry provides high-quality production capacity that enriches global supply and eases global inflationary pressures, and the world needs more of such high-quality production capacity, the People's Daily […]
HiPhi reportedly to resume production soon after securing new financing
HiPhi has recently received a strategic investment from a Hong Kong-based organization that will help it resume operations and production, which could happen in late April or early May, according to local media.
CPCA expects China's NEV retail sales at 720,000 in Apr, flat from Mar
Price wars intensified in China's auto market in April, with overall discounts slightly higher than in March, the CPCA said.
2024 Beijing auto show: Media day press briefing schedule
Xiaomi's press event will be held at 9:20 - 9:40, Nio at 10:00 - 10:20 and BYD at 11:40 - 12:00.
China's NEV retail at 420,000 in Apr 1-21, down 2% from same period last month
China's retail penetration of NEVs was 49.3 percent in April 1-21 and 38.56 percent year-to-date.