Industry News
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.
Hongguang Mini EV was world's top-selling new energy vehicle in April
Chinese automaker SAIC Motor's Wuling Hongguang Mini EV was the top-selling new energy passenger car in the world in April this year with 29,251 units sold, according to EV Sales Blog.
Apple in talks with CATL, BYD over battery supply deal for its EV, Reuters reports
Apple requires potential battery suppliers to have a production base in the US, the report said, adding that CATL is reluctant to build a plant in the US because of tensions between China and the US.
Nio's OEM JAC sold 9,113 electric passenger cars in May, up 132% year-on-year
JAC sold 9,113 all-electric passenger cars in May, up 131.81 percent year-on-year but down 12.41 percent from April.
OPPO's new trademark application signals further step in its car-building efforts
Rumors began to emerge in late April that Chinese smartphone giant OPPO would jump on the car-making bandwagon, and now the company's actions seem to be confirming those reports.