EV Industry

The 2024 Beijing auto show will be held from April 25-May 4, with media days from April 25-26 and public days from April 27-May 4.

Jiyue has overhauled its marketing and sales teams, which have seen intensive staff turnover, according to local media.

China's retail penetration of NEVs was 47.09 percent in April 1-6, and 37.1 percent year-to-date.

Excluding exports, domestic NEV sales in March were 758,000 units, up 32 percent year-on-year and up 92.1 percent from February.

China's retail penetration of NEVs was 41.6 percent in March, up 5.8 percentage points from 35.8 percent in February.

China's retail sales of all passenger vehicles totaled 1.699 million units in March, up 7 percent year-on-year and up 54 percent from February.

Both production and sales of passenger vehicles increased significantly in March from February as industries quickly turned to normal operations after the Chinese New Year holiday, the CPCA said.

China's retail penetration of NEVs was 47.67 percent in the March 1-24 period.

The NEV penetration rate is expected to reach a record 45.5 percent in March as it reversed the pre-holiday slump and rose rapidly, the CPCA said.

China's NEV retail penetration rebounded to 48.0 percent in the March 1-17 period.