Industry News
Fitch expects China's NEV sales to maintain strong growth, while ICE vehicle sales to decline
Fitch expects sales of passenger NEVs in China to grow by more than 30 percent in 2023, while ICE vehicles will decline by the low teens.
China's Jan NEV sales at 408,000, down 50% from Dec, CAAM data show
China's auto industry is facing big challenges in the first quarter and still needs policy support, the CAAM said.
Hesai debuts on Nasdaq, becoming 1st Chinese LiDAR maker to go public in US
Hesai's US IPO raised about $190 million, making it the largest IPO of a Chinese company in the US in the past 18 months.
Full list: CPCA's Jan sales rankings
CnEVPost highlighted the performance of some of the models in February 9 articles, and this article shows the complete ranking list.
Toyota cuts bZ4X electric SUV price in China by $4,420
This comes just four months after the bZ4X officially went on sale in China on October 10, 2022.
Deutsche Bank on China EV sales: Jan weak but price cuts should boost sales going forward
Deutsche Bank expects the latest round of price cuts to spur a big rebound in EV orders, with at least eight automakers already offering some type of price discount or promotion so far.
Chinese consumer satisfaction with NEVs exceeds fuel vehicles for 1st time
BYD has 6 models and Nio has 3 models on the list with the highest satisfaction levels.
China's retail sales of passenger NEVs fall 48% in Jan from Dec, CPCA data show
Retail sales of new energy passenger vehicles in China were 332,000 units in January, lower than the CPCA's estimate of 360,000 units announced on January 28.
Seres to launch new model with semi-solid-state battery this year
The Seres 5 will be powered by a ternary solid-liquid hybrid lithium battery from Ganfeng Lithium, with a 90-kWh version expected to offer a 530 km WLTP range.
China's Jan passenger vehicle retail sales fall 41% year-on-year, preliminary CPCA data show
The CPCA's preliminary figures were 8.8 percent below its January 28 estimate of 1.36 million units, implying a worse-than-expected performance in the final days of January.
