EV Industry
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China Jun NEV wholesale at 970,000, up 8% from May, CPCA estimates show
In June, price wars in China's auto market cooled down, spurring consumer sentiment among groups that had been on the sidelines, the CPCA said.
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BeyonCa to set up global headquarters and EV plant in HK
BeyonCa, which operates mainly in Beijing, hopes to become the first international luxury EV brand to be "Made in Hong Kong".
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China EV production projected to exceed 10 million units in 2024
China's NEV production reached 8.91 million units in 2023, up 34.15 percent year-on-year.
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China NEV retail at 534,000 in Jun 1-23, up 7% from same period last month
China's NEV retail penetration was 49.12 percent for June 1-23, and 41.36 percent year-to-date.
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CPCA expects China's Jun NEV retail at 860,000, with record 49.1% penetration
China's June retail sales of NEVs are set to be the second highest on record, further approaching last December's record high.
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China NEV retail at 314,000 in Jun 1-16, down 4% from same period last month
China's retail penetration of NEVs was 49.52 percent for June 1-16, and 40.99 percent year-to-date.
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China sells 955,000 NEVs in May, up 12% from Apr, CAAM data show
Excluding exports, domestic NEV sales were 856,000 units in May, up 40.8 percent year-on-year and up 16.3 percent from April.
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China NEV retail at 180,000 in Jun 1-10, down 11% from same period last month
China's NEV penetration at retail was 50 percent in June 1-10, and 40.74 percent year-to-date.
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Xpeng launches G9, P7 in Egypt
In the first quarter of this year, Xpeng's exports reached 61.8 percent of the full year 2023, the company said.
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China NEV retail rebounds to 804,000 in May, penetration reaches record 47%
China's NEV penetration at retail was a record 47 percent in May, up 14 percentage points from 33 percent a year earlier and up 3.3 percentage points from 43.7 percent in April.
