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Don't expect slowdown in China NEV growth before penetration reaches 50%, analyst says
China is the fastest-growing market for EVs, and penetration here is bound to be much higher than in overseas markets, the analyst said.
Hongqi's E-HS9 electric SUV reaches 1,000 units delivered in Norway
In January, deliveries of the Hongqi E-HS9 began in Norway, with a starting price of NOK 619,900 ($60,500).
Ora's Ballet Cat officially launched in China, prices start from about $28,700
Ora's Ballet Cat has stirred up controversy because of its similarity to the classic Volkswagen Beetle.
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.