China NEV Market
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China's auto market to open further to foreign investment as new rules set to go into effect in Jan
For more than two decades previously, China has had strict restrictions on the share ratios of Chinese and foreign joint ventures in automobiles.
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China's new rules encourage automakers to install brake energy recovery systems
Energy-efficient technologies, including brake energy recovery systems, will be included in the 2021-2023 dual-credit assessment.
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China's NEV sales expected to reach 5 million units next year, CAAM official says
The official expects China's vehicle sales to reach 26.1 million units this year, up 3.1 percent year-on-year, and are expected to reach 27.5 million units next year, up 5.4 percent year-on-year.
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China sees nearly 160,000 NEV-related company registrations in Jan-Nov
As of now, there are 409,000 NEV-related companies in China, with Shanghai being the city with the most, with 18,200.
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China's NEV industry finally gets dedicated insurance clauses
Dedicated insurance coverage will ease some consumer concerns about buying NEVs.
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China Galaxy Securities expects local NEV sales to exceed 6 million next year
The team expects China's NEV sales to be around 6.11 million units in 2022, accounting for more than half of the global market share.
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Deutsche Bank expects BEV sales in China to reach 5 million units next year
Edison Yu's team expects China's BEV penetration to be more than 40 percent by 2025, equivalent to about 10 million units.
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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.
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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.
