Industry News

Shanghai auto show to be held on April 18-27

The upcoming Auto Shanghai 2023 will be the first major auto show in China after the lifting of Covid controls.

Regulatory filing: Human Horizons working on 3rd model HiPhi Y

The HiPhi Y will be priced in the RMB 400,000-500,000 range and will be the least expensive of Human Horizons' models, previous reports have implied.

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.
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