EV Industry

The 17th Beijing auto show will be held from April 25 to May 4, 2024, after the biennial event was canceled last time due to Covid concerns.

Nio will hold 2 press conferences on April 18 from 10:00-10:20 and on April 19 from 14:00-14:30.

Nio, Xpeng, and Li Auto's booths were all in Hall 6.1, BYD was in Hall 7.1, and Tesla is absent.

This article shares the CPCA's rankings of the best-selling models and car companies in China for March.

MG's electric roadster Cyberster is not far from being available in China after the model made its debut at the Shanghai auto show two years ago.

The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations.

In retail, China's NEV penetration rate was 34.2 percent in March, up 6 percentage points from 28.2 percent in March 2022 and up from 31.6 percent in February.

This was up 27 percent from February, but below the CPCA's estimate of around 560,000 units announced in late March.

With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than expected, the CADA said.

In the first quarter, wholesale sales of new energy passenger vehicles in China are expected to be 1.48 million, up 25 percent year-on-year, the CPCA said.