Industry News

China to have 3.6 million public chargers by end of 2024, nearly 70% of global total, says TrendForce

Global public EV charging pile deployment is constrained by land availability and grid planning, compounded by slowing NEV market growth, TrendForce said.

China BEV export growth to slow this year on EU tariffs and lower demand, says Canalys

China's export growth for BEVs is expected to slow to 9 percent this year, with its contribution to passenger car exports falling to 19.0 percent in 2024 from 22.5 percent in 2023, Canalys said.

Porsche recalls 15,906 Taycan EVs in China due to battery fire risk

A short circuit may occur inside the power battery module of some of the vehicles included in this recall, which in extreme cases may lead to thermal runaway of the battery module.

Baidu-backed Jiyue unveils Robo X electric supercar, production set for 2027

Jiyue said the Robo X comes with a high-performance drive system and can sprint from 0 to 100 km/h in less than 1.9 seconds.

China's year-to-date NEV production surpasses 10 million mark

China's NEV production for the full year 2024 is expected to exceed 12 million units.

China NEV retail at 310,000 in Nov 1-10, up 10% from same period last month

China's retail sales of all passenger vehicles in the November 1-10 period were 567,000 units, up 29 percent from the same period last year, but down 3 percent from the same period last month.

China NEV sales rise to new record of 1.43 million in Oct, CAAM data show

Domestic NEV sales stood at 1.3 million units in October, marking the second consecutive month of record highs.

VW Anhui to reportedly drop use of MEB architecture in favor of one built with Xpeng

Volkswagen Anhui will use the CEA architecture, a collaboration with Xpeng, for future models due to poor sales of the ID.UNYX, which went on sale in July, according to local media.

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.
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