Industry News
China NEV retail at record 1.2 million in Oct despite penetration pull-back
Retail sales of NEVs in China reached a record high in October, but NEV penetration declined slightly due to faster growth in gasoline vehicle sales.
Audi, SAIC launch new brand 'AUDI', unveil concept car E concept
Audi has launched the “AUDI” brand in China, with a logo featuring a combination of “AUDI” letters, in a bid to utilize China's supply chain to create EV models that cater to local consumer preferences.
Avatr opens 1st showroom in Thailand, makes 1st local car deliveries
Avatr has opened its first showroom in Thailand and delivered the Avatr 11 SUV to its first over 100 local customers.
China NEV retail at 1.28 million in Oct, up 14% from Sept, preliminary CPCA data show
China's NEV penetration at retail stood at 54.38 percent in October and 46.92 percent year-to-date, according to preliminary CPCA data.
China Oct NEV wholesale at record 1.4 million, CPCA estimates show
As of now, all provinces in China have implemented the car replacement subsidy policy and brought a new wave of growth momentum to the automative market, the CPCA said.
China NEV retail at 946,000 in Oct 1-27, down 1% from same period last month
China's retail penetration of NEVs was 52.2 percent in October 1-27, and 46.46 percent year-to-date.
Geely unveils new hybrid system EM-i to take on BYD's DM-i
Geely has unveiled the more fuel-economy-oriented Leishen EM-i hybrid system, following the previous launch of the more performance-oriented Leishen EM-p.
Renault building R&D team in China to develop EVs for Europe, report says
Renault is building an EV R&D team in Shanghai to target mass production of a new model by the end of 2025, but the new model will be built and sold only in Europe, according to a media report.
CPCA expects China's Oct NEV retail sales at 1.15 million, above 1 million for 3rd consecutive month
In October, retail sales of passenger NEVs in China are expected to be at 1.15 million units, up 49 percent year-on-year and up 2.4 percent compared with September, according to estimates released today by the CPCA.
China NEV retail at 609,000 in Oct 1-20, up 1% from same period last month
China's NEV retail sales slowed last week, dragging down the month-to-date performance.