EV Industry
+ FollowChina NEV sales at 892,000 in Feb, down 5.5% from Jan, CAAM data show
China's BEV sales in February totaled 544,000 units, up 85.1 percent year-on-year but down 5.2 percent from January.
China Feb NEV retail at 686,000, down 7.8% from Jan
BEVs sold 427,000 units at retail in February, up 94.4 percent year-on-year and up 1.7 percent from January.
Honda launches S7 electric SUV in China, priced similarly to Tesla Model Y
Dongfeng Honda has launched the Honda S7, offering two variants with starting prices of RMB 259,900 ($35,840) and RMB 309,900 respectively.
Toyota launches bZ3X SUV, its cheapest EV in China with $15,150 starting price
Toyota's bZ3X seems to be seeing good initial acceptance, securing over 10,000 orders in its first hour of launch.
2025 Shenzhen auto show to be held in May 31-Jun 8
First held in 1991, the Shenzhen auto show is held annually and is one of the largest auto shows in China.
China NEV retail at 720,000 in Feb, down 3% from Jan, preliminary CPCA data show
China's retail sales of all passenger vehicles stood at 1.397 million units in February, up 26 percent year-on-year but down 22 percent from January.
China Feb NEV wholesale at 840,000, down 5% from Jan, CPCA estimates show
China's passenger NEV wholesale sales were estimated at 840,000 units in February, up 82 per-cent year-on-year but down 5 percent from January.
GAC chairman calls for greater policy support for battery swap in China
The battery swap business model is in line with China's carbon peak and carbon neutral strategies, and can solve EV charging difficulties, said GAC's chairman.
Chery files for HK listing to fund further expansion
In the first three quarters of 2024, Chery achieved a net income of RMB 11.3 billion, up 58.5 percent year-on-year.
Mercedes cuts jobs in China to cope with 'challenging' market conditions
Mercedes-Benz said it will cut redundant roles in China, and consolidation of the business will inevitably involve some staff.