Industry News

Chinese BEV landscape explained in charts

These charts show the sales performance of BEV models in different price ranges in June.

CITIC Securities raises its forecast for NEV sales in China to 6 million units this year

In the second half of the year, the electrification trend will continue at an accelerated pace as premium models become available and subsidies recede causing people to purchase vehicles earlier, the team said.

Chongqing Sokon to change its name to more well-known Seres

In China, the partnership with Huawei has made people know Seres but not Chongqing Sokon.

China's NEV sales reach record 596,000 units in June, CAAM data show

The CAAM said China's NEV sales are expected to reach 5.5 million units in 2022, up 56 percent year-on-year.

Mercedes-Benz partners with Tencent to speed up self-driving technology in China

Mercedes-Benz and Tencent will establish a joint lab to speed up the German luxury carmaker's development of self-driving technology in China.

BMW reveals EV sales growth in China, but leaves a big question mark

BMW sold 75,891 EVs worldwide in the first half of the year, but its sales in China were not announced, providing only a growth rate.

China's wholesale sales of passenger NEVs hit record 571,000 units in June, CPCA data show

Against the backdrop of the halving of the ICE vehicle purchase tax, not only were NEVs unaffected, they improved more than expected sequentially, the CPCA said.

Ford to recall 775 Mustang Mach-E vehicles in China due to software issues

Ford began delivering Mustang Mach-E vehicles to customers in China at the end of December last year, and they have not performed anywhere near as well as the Tesla Model Y.

Chinese team develops EV powered solely by solar energy

The EV has 8.1 square meters of solar panels and generates a maximum of 7.6 kWh of electricity per day on a sunny day.

SAIC sells 91,297 NEVs in June, up 27% from May

In June, SAIC's NEV sales accounted for 18.88 percent of total sales. The company aims to increase that share to at least 32 percent by 2025.
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