EV Industry
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China NEV retail in Jun 1-25 at 500,000, up 15% from same period last month, CPCA data show
Retail penetration of NEVs in China was 36.92 percent from June 1 to June 25, and 32.50 percent year-to-date.
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Kia starts accepting pre-orders for EV6 in China, limited to 1,000 units
Kia has not yet announced pricing for the EV6 in China, which starts at $42,600 in the US.
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CPCA expects China Jun NEV retail sales to grow 15.5% MoM to 670,000
This means that the penetration of NEVs at retail is expected to be 36.6 percent in June, up from 33.3 percent in May.
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Smart begins Smart #3 deliveries in China 20 days after launch
The first Smart #3 vehicles were delivered in 41 cities. To date, Smart has completed 164 offline stores in China.
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China NEV retail at 320,000 in Jun 1-18, up 5% from same period last month, CPCA data show
So far this year, China's retail sales of passenger NEVs were 2.74 million units, up 35 percent year-on-year.
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Qiantu's parent firm to establish joint venture in Jordan
The joint venture will bring Qiantu's K50, K20 and K25 to Jordan and serve the Middle East and North African markets, Qiantu said.
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HiPhi begins accepting pre-orders for HiPhi X and HiPhi Z in Europe, deliveries to begin in Q3
HiPhi's third model, the HiPhi Y, which will be launched in China on July 15, will also be introduced to the European market soon and will be available for pre-order there by the end of the year.
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China auto exports expected to reach 4.4 million in 2023, over 30% to be NEVs, says Canalys
Chinese car penetration is expected to rise to 16.5 percent in Europe and 12.8 percent in Southeast Asia by 2025, according to Canalys.
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Analysts expect 16% of heavy trucks sold in China to be electric by 2025
At present, 89 percent of the new energy heavy trucks are pure electric models, and half of them support battery swap.
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China NEV retail sales in Jun 1-11 at 160,000, down 4% from same period last month, CPCA data show
From June 1 to June 11, retail sales of all passenger vehicles in China were 425,000 units, down 10 percent year-on-year and down 25 percent from the same period last month.
