China Auto Market
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China NEV retail at 262,000 in Aug 1-10, up 6% year-on-year
From August 1 to 10, China's total passenger vehicle retail sales totaled 452,000 units, down 4 percent year-on-year.
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China NEV retail at 789,000 in Jul 1-27, up 15% year-on-year
From July 1 to 27, China's total passenger vehicle retail sales were 1.445 million units, up 9 percent year-on-year, but down 19 percent month-on-month.
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China NEV retail at 537,000 in Jul 1-20, up 23% year-on-year
China's NEV penetration rate in retail sales was 54.9 percent during the July 1-20 period, and 50.56 percent year-to-date.
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China NEV retail at 332,000 in Jul 1-13, up 26% year-on-year
The penetration rate of NEVs in retail sales reached 58.1 percent during the July 1-13 period, and 50.56 percent year-to-date.
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China NEV retail at 691,000 in Jun 1-22, up 38% year-on-year
The penetration rate of NEVs in retail sales was 54.5 percent from June 1 to 22, and 50.06 percent year-to-date.
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China NEV retail at 402,000 in Jun 1-15, up 38% year-on-year
The penetration rate of NEVs in retail sales was 57 percent from June 1 to 15, and 49.98 percent year-to-date.
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China NEV retail at 202,000 in Jun 1-8, up 40% year-on-year
The penetration rate of NEVs in retail sales was 58.8 percent during the June 1-8 period, and 49.78 percent year-to-date.
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Nio, Xpeng, Li Auto join major automakers in pledging to pay suppliers within 60 days
Nio said that it will continue to adhere to payment terms of 60 days or less, collaborating with partners to promote high-quality development of China's automotive industry.
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Chinese automakers including BYD, Geely pledge to shorten payment cycles to suppliers
China's major automakers and some new carmakers have pledged to shorten supplier payment terms amid concerns about supply chain security.
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China NEV retail at 726,000 in May 1-25, up 31% year-on-year
China's retail penetration of NEVs was 53.5 percent in the May 1-25 period, and 49.2 percent year-to-date.
