China's Dec NEV wholesale sales at record 1.13 million units, CPCA estimates show
Preliminary estimates show that for the full year 2023, China's wholesale sales of passenger NEVs were 8.88 million units, a year-on-year increase of 38 percent, according to the CPCA.
Tesla sells 94,139 China-made cars in Dec, 2nd highest on record
China-made Tesla vehicles sold 248,686 units in the fourth quarter, contributing 51.33 percent of its global deliveries.
Half of Nio models have shorter wait times
Waiting times for the ET5, ET5 Touring, EC7, and ES8 all went from 3-4 weeks to 2-3 weeks today.
Nio signs partnership deal with solar panel maker Longi
Nio's fourth-generation battery swap stations will be equipped with 60 square meters of photovoltaic systems, which will save nearly 18,000 kWh of electricity per year per station.
BYD beats Tesla in quarterly BEV sales for 1st time ever
BYD sold 526,409 passenger BEVs in the fourth quarter, 8.65 percent higher than Tesla's 484,507 global deliveries.
Tesla delivers 484,507 cars globally in Q4, 1.81 million for full year 2023
Tesla delivered 484,507 units in the fourth quarter, beating market expectations of 483,173 units.
Xiaomi EV to build hybrid sales network, signs up 14 sales partners
Xiaomi EV's retail will include a directly-managed system and leverage external forces in pursuit of ultimate business efficiency and user experience, an executive said.
BYD to reward dealers with $280 million for reaching 3 million annual sales target, report says
For dealer stores that meet their sales targets, BYD will give them a reward of RMB 666 for every vehicle they have sold, according to local media.
Factbox: Detailed pricing for Li Auto models in 2024
Li Auto's three current models are all EREVs with a starting price range of RMB 319,800 to RMB 459,800.
Factbox: Detailed prices for Xpeng models in 2024
Xpeng's models are aimed mainly at the price range of RMB 200,000 to RMB 300,000, which is one of the most crowded segments at the moment.