China NEV Market59

BREAKING: China to launch revision of 'dual-credit' policy that has fueled rapid growth of NEV industry
NIO has already sold most of its regulatory credits in the third quarter, earlier than last year. ...
China's car ownership expected to exceed 300 million by year-end
China's vehicle ownership reached 297 million by the end of September and is expected to exceed 300 million by the end of the year, a CAAM official said. ...

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BYD Chairman says 200,000 units of DM-i models on order, expects China's NEV penetration to exceed 35% by end of next year
BYD's DM-i platform models are in short supply, and the current delivery period is already up to four months, said Wang Chuanfu. ...
China's NEV industry embracing inflection point where market forces driving growth, state media says
This year will be the historical inflection point at which the driving force behind the development of China's NEV industry changes from policy to market forces. ...
China's NEV sales reached record 383,000 units in Oct, CAAM data show
In the fourth quarter, Chinese automotive consumer demand remained stable, but uncertainty remained on the supply side, the CAAM said. ...
Guangdong to ease car license quota limits in Guangzhou, Shenzhen
The extra quota for new small cars in Guangzhou will increase from 30,000 to 80,000, and Shenzhen will remove the requirement that consumers who buy NEVs pay social security locall ...
China's wholesale sales of passenger NEVs in Oct were 368,000 units, CPCA data show
Wholesale sales of passenger NEVs in China from January to October were 2,381,000 units, up 204.3 percent year-on-year. ...
Northwest Chinese city Xi'an aims for 50% NEV penetration by 2025
Xi'an aims to become a top-tier NEV base in China by 2025. ...
JPMorgan expects China's NEV penetration to reach 35% by 2025
JPMorgan is bullish on the prospects for China's NEV industry, which coincides with the optimism of Chinese investors, one executive said. ...
New survey finds 50% of Chinese respondents have strong intention to buy pure-play EVs
As NIO's William Li puts it, once users embrace electric vehicles, they will become widespread very quickly. ...
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