EV Industry
+ Follow
China NEV retail at 206,000 in Jan 1-12, down 50% from same period last month
Retail and wholesale sales of passenger NEVs in China fell sharply in the January 1-12 period compared to the same period last month.
Porsche deliveries in China fall for 3rd consecutive year, plans to downsize sales outlets
Porsche's deliveries in China are down 28 percent in 2024 from 2023, resulting in a 3 percent drop in its global deliveries from 2023.
China NEV sales at record 1.596 million in Dec, CAAM data show
- For the full year of 2024, China's NEV sales amounted to 12.866 million units, contributing 40.9 percent of all vehicle sales of 31.436 million units.
- The CAAM expects China's vehicle sales to reach 32.9 million units in 2025, of which 16 million are NEVs.
Shenzhen produces nearly 2.94 million NEVs in 2024
Shenzhen produced 2,935,300 NEVs in 2024, a local official said.
China NEV retail reaches record 1.3 million in Dec while penetration continues to decline
- China's NEV penetration at retail stood at 49.4 percent in December, marking the fourth consecutive monthly decline and the first time it has fallen below 50 percent since June.
- BEVs sold 762,000 units at retail in December, contributing 58.5 percent of all NEV retail sales, lower than 59.8 percent in November.
Mercedes reportedly delays production of all-electric CLA sedan in China due to software issues
Production of the all-electric Mercedes-Benz CLA in China has been delayed to August from the originally planned April due to issues with software development, according to local media.
China NEV retail at record 1.38 million in Dec, preliminary CPCA data show
China's NEV retail penetration was 52.6 percent in December and 47.97 percent in 2024, according to preliminary CPCA data.
Hongqi launches Tiangong 08 all-electric SUV, priced from $32,730
The Tiangong 08 is available in single-motor and dual-motor options with a CLTC range of 520 km to 730 km.
China auto market sees 227 models with price cuts in 2024
China's auto market saw 227 models with price cuts in 2024, more than 148 in 2023 and significantly higher than 95 in 2022, according to CPCA secretary-general.
China Dec NEV wholesale at record 1.5 million, CPCA estimates show
China's new energy vehicle (NEV) sales hit a record high in December 2024, with wholesale sales estimated at 1.5 million units, a 35% year-on-year increase. This marked the fifth consecutive month exceeding 1 million units, with NEV penetration surpassing 50%. Major contributors included BYD, Geely, SAIC-GM-Wuling, Chery, and Tesla China. Government trade-in subsidies, doubled in July 2024, significantly boosted sales, with millions of applications filed. NEVs, including BEVs, PHEVs, and fuel cell vehicles, dominated the market, supported by policies favoring entry-level models. The auto market remained robust, driven by sustained consumer demand and supportive measures.