China NEV Market
Shenzhen NEV penetration reaches record 77.4% in Jun
About 77 out of every 100 newly registered cars in Shenzhen are NEVs.
China's 2024 NEV sales expected to reach 11.5 million, says CAAM secretary-general
A total of 11.5 million units means that China's NEV sales will exceed the 10 million mark for the first time in 2024, representing a growth rate of 22 percent.
Automakers' share of China NEV market in Jun: BYD tops with 32.7%, Tesla 3rd with 6.9%
In the first half of 2024, BYD was No. 1 in China's NEV market with a 33.8 percent share, while Tesla was No. 3 with a 6.8 percent share.
China EV production projected to exceed 10 million units in 2024
China's NEV production reached 8.91 million units in 2023, up 34.15 percent year-on-year.
Automakers' share of China NEV market in May: BYD tops with 33.4%, Tesla 3rd with 6.9%
In the January-May period, BYD was No. 1 in China's NEV market with a 34.0 percent share, while Tesla was No. 3 with 6.7 percent.
Automakers' share of China NEV market in Apr: BYD tops with 37.5%, Tesla 5th with 4.6%
In the January-April period, BYD came in first in China's NEV market with a 34.3 percent share, while Tesla was No. 4 with a 6.7 percent share.
Automakers' share of China NEV market in Mar: BYD tops with 36.6%, Tesla 2nd with 8.8%
In the January-March period, BYD was No. 1 with a 33.1 percent share, while Tesla was No. 3 with a 7.5 percent share.
BYD chairman expects China's NEV penetration to exceed 50% within next 3 months
BYD's chairman predicted a month ago that China's monthly NEV penetration rate would exceed 50 percent within this year, and now he expects that figure to be seen within the next three months.
Automakers' share in China's NEV market in Feb: BYD tops with 30.6%, Tesla 3rd with 7.8%
In the January-February period, BYD topped China's NEV market with a 30.8 percent share, while Tesla came in fourth with 6.6 percent.
Senior Chinese official says state-owned automakers not moving fast enough on NEVs
China will tweak its policy to give the three centrally-administered automakers a separate assessment of their NEV businesses, a senior official said.
