China NEV Market
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.
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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 t
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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.
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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.
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Automakers' share of China's NEV market in Jan: BYD tops with 31%, Tesla 5th with 6%
Among the top 5, Tesla only produces BEVs, while the other automakers produce both BEVs and PHEVs.
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China could see single-month NEV penetration exceed 50% this year, says BYD chairman
BYD is China's largest NEV maker, capturing 35 percent of the country's NEV market in 2023.
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China aims for NEVs to contribute 45% of new car sales by 2027
The previous target was for the figure to reach 40 percent by 2030 and 50 percent by 2035.
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Automakers' NEV market share in China in 2023: BYD 35%, Tesla 7.8%, Nio 2.1%
BYD ranks No. 1, Tesla No. 2, and Nio No. 9 in terms of NEV market share in China in 2023.
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Factbox: China's NEV purchase tax policy changes from Jan 1, here's how
Simply put, consumers who buy NEVs with an invoice amount exceeding RMB 339,000 are required to pay purchase tax. Models that support battery swap get preferential treatment.
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Top sellers of NEVs in China in Nov: BYD No. 1 with 31.3% share, Tesla No. 2 with 7.8%
BYD sold 263,066 retail units in China in November, and Tesla 65,504.
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