EV Industry
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China's 2024 NEV sales expected to reach 11.5 million, says CAAM secretary-general
A total of 11.5 million units means that China's NEV sales will exceed the 10 million mark for the first time in 2024, representing a growth rate of 22 percent.
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Chinese automakers to capture 1/3 of global auto market by 2030, says AlixPartners
Chinese automakers are taking center stage and setting new benchmarks for an industry historically steered by the West, Japan, and South Korea, AlixPartners said.
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MG unveils new electric sports car MG Cyber GTS at Goodwood Festival of Speed in UK
The MG Cyber GTS, unveiled at the Goodwood Festival of Speed 2024 in the UK, is a two-door, four-seat hardtop sports car.
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China NEV retail at 130,000 in Jul 1-7, up 3% from same period last month
China's NEV retail penetration stood at 47.44 percent in July 1-7, and 41.95 percent year-to-date.
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China NEV sales back above 1 million in Jun, CAAM data show
China sold 612,000 BEVs and a record 436,000 PHEVs in June.
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China's NEV ownership reaches 24.72 million by end of Jun
As of the end of June 2024, China's BEV ownership amounted to 18.134 million vehicles, accounting for 73.35 percent of the total NEVs.
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China NEV retail rises to 856,000 in Jun, penetration hits another record at 48.4%
Retail sales of BEVs in June were 493,000 units, down 0.5 percent from May, while PHEVs were 363,000 units, up 17.4 percent from May.
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China NEV retail at 864,000 in Jun, up 6% from May, preliminary CPCA data show
China's NEV penetration at retail stood at 49.23 percent in June and 41.91 percent year-to-date.
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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".
