Industry group set to raise expectations for China's auto sales growth this year
The CAAM deputy chief engineer Xu Haidong said Saturday that preliminary estimates suggest China's auto sales could grow 6.5 percent this year, up from the 4 percent forecast in January.
Dongfeng Motor's premium EV brand Voyah's first model goes on sale
The company said the Voyah FREE uses an engine that delivers a quiet, smooth experience, which is what makes the new extended-range technology, perhaps alluding to its superior technology to the Li ONE.
Nio opens 25th Nio House, a facility not just for selling cars
The Nio House is the company's flagship experience center that functions far beyond displaying and selling vehicles, but is also a space for Nio to offer a quality lifestyle to vehicle owners.
Chip shortage's impact on China's first-half auto sales within 10%, says auto association
The chip shortage is expected to ease from the third quarter, especially from the fourth quarter, and it is possible to make up for the loss, he said, adding, "We don't think it will have an excessive impact on full-year sales."
About half of world's new energy vehicles now in China
By the end of May 2021, China had about 5.8 million new energy vehicles, accounting for about 50 percent of the world's total, Xinhua news agency said Friday.
Just In – June 18, 2021
Nio's first second-generation battery swap station in Yangzhou City, Jiangsu Province, in eastern China, is in operation, bringing its total number of such energy replenishment facility in China to 261.
Geely's EV brand Zeekr reportedly plans to deliver 10,000 units of Zeekr 001 within this year
Zeekr plans to deliver 10,000 Zeekr 001 units within the year, with monthly sales expected to exceed 10,000 units next year, according to local media.
Tesla Model Y insurance registrations in China up 131% in May from April
Tesla's sales in China plunged in April from March, but the numbers have rebounded sharply in May as production capacity has recovered.
China's NEV sales expected to grow at annual rate of over 40% in next five years
In the next five to eight years, China will gradually phase out and replace about 200 million vehicles with exhaust emissions that meet only "China IV" standards and below, giving the electric vehicle market huge space.
Chinese city Jinan to reward local NEV firms with 1 million yuan for each new model released
Perhaps seeing the huge success of central China's Hefei city in its investment in Nio, another Chinese city is upping the ante on the new energy vehicle industry.
