China Auto Market

China's NEV retail at 165,000 in Feb 1-17, down 44% from same period last month

China's NEV sales declined significantly in the first three weeks of February, mainly due to the Chinese New Year holiday. ...

Price war in China's passenger car market to remain fierce in 2024, says CPCA secretary-general

The process of new manufacturers replacing old ones in the process of establishing a new market order will likely continue for several years until a new landscape is formed, said C ...

China NEV retail sales at 596,000 in Jan 1-28, down 24% from same period last month

China's passenger NEV retail sales stood at 596,000 units in January 1-28, up 92 percent from a year earlier but down 24 percent from a month earlier, data from the CPCA showed. ( ...

China NEV retail sales at 380,000 in Jan 1-21, down 21% from same period last month

China's NEV sales performance didn't continue to deteriorate last week, despite the beginning of the year usually is a low point for sales. ...

China's major automakers gather in Beijing to discuss industry development, report says

The meeting covered topics including promoting the development of the NEV industry, boosting NEV consumption, and encouraging the expansion in overseas markets, according to local ...

China NEV retail sales at 226,000 in Jan 1-14, down 21% from same period last month

China's NEV sales performed even worse at retail last week, leading to a significant drop in sales in the first half of the month compared to the same period in December. ...

China NEV retail sales at 114,000 in Jan 1-7, down 12% from same period last month

In the first week of January, China's NEV retail sales were down 12 percent from the same period in December, while NEV wholesale sales were down 35 percent. ...

Morgan Stanley cuts earnings estimates across China's auto chain

Morgan Stanley cut its price targets on Nio and Xpeng, while raising its price target on Li Auto and maintaining its Overweight rating on them. ...

China NEV retail sales at 567,000 in Dec 1-24, up 10% from same period last month

China's passenger NEV retail sales stood at 7.375 million units so far this year, up 34 percent year-on-year. ...

China NEV retail sales at 365,000 in Dec 1-17, up 4% from same period last month

China's retail penetration of NEVs was 38.7 percent in the December 1-17 period, and 35.3 percent year-to-date. ...