Industry News
Lotus launches Emeya electric sedan in China with starting price of $92,830
The Lotus Emeya is available in four trims, three of which feature four LiDARs. Customers who order now can expect delivery in 6-8 weeks.
CPCA expects China's Jan NEV retail sales to be 800,000 units, 15.3% lower than Dec
China's passenger car retail sales are estimated to be around 2.2 million units in January, down 6.5 percent from December.
Chinese lithium producer Ganfeng signs long-term supply deal with Hyundai Motor
Ganfeng will supply battery-grade lithium hydroxide products to Hyundai Motor under a contract valid from January 1, 2024 to December 31, 2027.
China's major automakers gather in Beijing to discuss industry development, report says
The meeting covered topics including promoting the development of the NEV industry, boosting NEV consumption, and encouraging the expansion in overseas markets, according to local media.
SAIC's new car carrier makes maiden voyage, aims to add 14 vessels in 3 years
A new car carrier joins the fleet of SAIC's Anji Logistics, bringing the total number of vessels to 31.
SAIC aims to sell 1.35 million vehicles overseas in 2024
SAIC sold about 1.21 million vehicles overseas in 2023, and the target implies a 12 percent growth.
China NEV retail sales at 226,000 in Jan 1-14, down 21% from same period last month
China's NEV sales performed even worse at retail last week, leading to a significant drop in sales in the first half of the month compared to the same period in December.
Polestar begins deliveries of Polestar 4 SUV in China
Polestar launched the Polestar 4 in China on the first day of the Shanghai auto show on April 17, 2023, and dropped the price significantly in November before deliveries began.
China NEV retail sales at 114,000 in Jan 1-7, down 12% from same period last month
In the first week of January, China's NEV retail sales were down 12 percent from the same period in December, while NEV wholesale sales were down 35 percent.
China's NEV ownership exceeds 20 million, 76% BEVs
By the end of 2023, China had 15.52 million BEVs, accounting for 76.04 percent of all NEVs.
