China NEV Market

China extends NEV purchase tax exemption until end of 2023 in official announcement
Three Chinese government departments announced in a joint statement that NEVs purchased between January 1, 2023 and December 31, 2023 will be exempt from purchase taxes. ...
CCTV report highlights long delivery cycles for NEVs in China, NIO and BYD featured
In June and July, NIO stores saw significant increases in traffic and orders, making it difficult to meet delivery demand, according to an executive at the EV maker. ...
High temperatures could hit China's NEV sales in July, analysts say
China's NEV sales in June exceeded expectations and hit a record high, but recently the market began to worry about weakening demand in the first two weeks of July. ...
Don't expect slowdown in China NEV growth before penetration reaches 50%, analyst says
China is the fastest-growing market for EVs, and penetration here is bound to be much higher than in overseas markets, the analyst said. ...
China's NEV ownership exceeds 10 million units
Of these, 8.1 million are pure electric vehicles, accounting for 80.93 percent of the total number of NEVs. ...
China's NEV sales up 49.6% in May from April, CAAM data show
China's auto industry as a whole still reported lower sales in May compared to a year ago, despite an improvement from April. ...
China unveils policy to boost consumption of NEVs in rural areas
BYD has six models on the list, and Leapmotor, WM Motor, Neta and Ora also have models eligible to participate in the campaign. ...
Elon Musk: China leading the world in renewable energy generation and EVs
"Whatever you may think of China, this is simply a fact," Musk said. ...
Shenzhen issues measures to boost consumption, including NEVs
Shenzhen will increase the availability of quotas for regular cars and provide subsidies to consumers who buy NEVs. ...
World to see no new ICE vehicle sales by 2035 at latest, says CATL exec
"The trend is already happening," said Ni Jun, CATL's chief manufacturing officer. ...