CAAM

China's monthly NEV sales exceed 1 million for 1st time in Nov, CAAM data show

China sold a record 1,026,000 NEVs in November, including 929,000 sold locally and 97,000 exported.

China's Oct NEV sales up 5.75% MoM to record 956,000, CAAM data show

Excluding exports, China's NEV sales in October were a record 832,000 units, up 2.9 percent from September.

China's NEV sales up 6.86% MoM to record 904,000 units in Sept, CAAM data show

From January to September, China's NEV sales amounted to 6,278,000 units, accounting for 29.8 percent of all vehicle sales.

China Aug NEV sales up 8.46% MoM to record 846,000, CAAM data show

From January to August, China's NEV sales were 5.37 million units, up 39.51 percent year-on-year, accounting for 29.5 percent of all vehicle sales.

China's Jul NEV sales down 3.23% MoM to 780,000 units, CAAM data show

From January to July, China's NEV sales increased 41.7 percent year-on-year to 4,526,000 units, contributing 28.96 percent of all vehicle sales.

China NEV sales up 12.41% MoM to 806,000 in Jun, CAAM data show

In the first half of the year, China's NEV sales amounted to 3,745,000 units, contributing 28.3 percent of all vehicle sales.

CAAM retracts call for automakers to not disrupt market with abnormal prices

The statement in the pledge, "not to disrupt the fair competition order of the market with abnormal prices," was inappropriate and inconsistent with the principles of China's anti-monopoly law, the CAAM said.

Carmakers, including Tesla, BYD, Nio, Xpeng, Li Auto, pledge to jointly maintain order in China auto market

These car companies have pledged to regulate their marketing activities and not to disrupt the order of fair competition in the market with abnormal prices.

China NEV sales up 12.74% MoM to 717,000 in May, CAAM data show

China's auto industry still needs to further recover and expand demand, and the release of consumption potential needs to be accelerated, the CAAM said.

China NEV sales down 2.6% MoM to 636,000 in Apr, CAAM data show

Irrational promotions in China's auto market since March have led to consumer wait-and-see, so auto consumption is still in a slow recovery process, the CAAM said.