Industry News
China NEV sales reached 217,000 units in May, up 159.7% from a year ago
All vehicle sales in China were 2.128 million units in May, down 3.1 percent from the previous month.
Self-driving firm Pony.ai has reportedly joined car-making party
Pony.ai's initial plan is to build passenger cars, but it has not yet determined whether they will be used in self-driving fleets or sold to general consumers.
Chinese EV startup Aiways announces entry into Italy
After France, Germany, the Netherlands, Belgium and Denmark, Aiways is expanding its business to Southern Europe and the European Free Trade Association (EFTA) market.
Baidu sets up new company for its car-making business, with registered capital of about $313 million
On June 7, Jidu Technology Co was established with a registered capital of 2 billion yuan ($313 million), according to information from data provider Tianyancha.
China accounts for 47% of global new energy vehicle sales in Jan-April
In 2018 and 2019, more than half of global new energy vehicle sales come from China. In 2020 with the impact of Covid-19, China's contribution declined. Now, with the rapid growth of the market, China has regained its share.
Dongfeng Motor's premium electric SUV, Voyah FREE, will begin deliveries on July 29
The model is available in an all-electric version as well as a version with extended-range technology similar to the Li ONE.
Great Wall Motor sold 3,597 NEVs in May, down 52% from April
The vehicles all came from Ora, the company's electric car brand focused on the female user segment.
Geely unveils Vision Starburst concept car
Geely unveiled the Vision Starburst concept on June 7 and said the car uses the Starburst cosmic energy design inspiration and that it will represent Geely's new design philosophy in the future.
Chinese auto association raises NEV sales forecast to 2.4 million units this year
In February, the CPCA forecast that wholesale sales of new energy vehicles in China would reach 2 million units this year. In April, it raised that forecast to 2.2 million units.
China's retail sales of new energy passenger vehicles reached 185,000 units in May, up 177% year-on-year
Companies with retail sales exceeding 10,000 units in May were SAIC-GM-Wuling with 33,175 units, BYD with 31,908 units, Tesla China with 21,936 units and GAC Aion with 10,395 units, the CPCA said.