Industry News

China NEV insurance registrations in 1st week of Jan: BYD 35,924, Tesla 2,110, NIO 2,818
From January 2 to January 8, China NEV insurance registrations were 77,000 units, down from 163,700 units the previous week. ...
China's retail sales of passenger NEVs at record 640,000 units in Dec, CPCA data show
For the full year 2022, retail sales of new energy passenger vehicles in China were 5.67 million units, contributing 27.6 percent of all passenger vehicle sales. ...
Weekly NEV insurance registrations in China: How do BYD, Tesla, and NIO compare in 2022?
This article compares the weekly insurance registrations of BYD, Tesla, NIO, XPeng, Li Auto, Zeekr, Volkswagen, BMW, Mercedes-Benz, and Audi's NEVs in China in 2022. ...
Announcing EV sales figures becomes war: Here's how it originated, and what Dec numbers tell
NIO reported the first ever monthly delivery update on October 15th 2018. It then evolved the infographic to the next level. ...
Beijing to hand out 100,000 extra license plates in 2023, 70% to EVs
From January to October 2022, a total of 493,600 new vehicles were sold in Beijing, 34.24 percent of which were NEVs. ...
China NEV insurance registrations in 5th week of Dec: BYD 55,706, Tesla 4,338, NIO 3,975
For the five weeks in December, November 28 to January 1, Tesla vehicles had 48,154 insurance registrations in China. ...
Lotus to allow Eletre buyers to opt for e-mirrors, set to be 1st to do so in China
Deliveries of Lotus Eletre with optional electronic exterior mirrors will begin as early as July 1, 2023, the first day that Chinese regulations will allow car companies to use suc ...
China's retail auto sales exceed 2.4 million in Dec, up 47% from Nov, preliminary CPCA data show
The CPCA did not release preliminary sales figures for NEVs in December. Previous figures showed the CPCA expected the figure to be around 700,000 units. ...
Chinese consumers' demand for cars set to fall in Jan, industry body says
Lack of consumer confidence and the Chinese New Year holiday will send China's auto sales down in January, an industry association said. ...
Goldman Sachs raises 2023 forecast for China auto sector to reflect faster-than-expected Covid reopening
After a disappointing 2022, some tailwinds will drive a recovery in retail sales and production in the Chinese auto sector in 2023, Goldman Sachs said. ...