Industry News

China Dec NEV wholesale at record 1.5 million, CPCA estimates show

China's new energy vehicle (NEV) market in December saw a significant surge in sales, reaching a new record high. According to the China Passenger Car Association (CPCA), wholesale sales of…

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China NEV retail at 423,000 in Jan 1-19, down 39% from same period last month

China's new energy vehicle (NEV) sales in China have seen a significant decline in the first few weeks of January,…

CPCA expects China Jan NEV retail at 720,000 units, down 44.7% from Dec

China's new energy vehicle (NEV) sales are projected to see a significant drop this month, following the typical seasonal trend…

China’s NEV ownership exceeds 30 million units

China's new energy vehicle (NEV) ownership in China has reached a significant milestone, surpassing 30 million units and accounting for…

China NEV retail at 206,000 in Jan 1-12, down 50% from same period last month

China witnessed a significant decline in the sales of new energy vehicles (NEVs) in the early days of January compared…

Great Wall Motor previews net income growth of about 80% in 2024

Great Wall Motor, a leading Chinese automaker, has released a preview of its expected net income for the year 2024.…

Shenzhen produces nearly 2.94 million NEVs in 2024

Shenzhen, a bustling city in southern China, has solidified its position as the country's top vehicle producer in 2024. According…

Porsche deliveries in China fall for 3rd consecutive year, plans to downsize sales outlets

Porsche, the renowned German luxury car brand, has faced a significant decline in deliveries in China in 2024. The company…

China NEV sales at record 1.596 million in Dec, CAAM data show

China's new energy vehicle (NEV) sales in December 2024 reached a record high of 1.596 million units, marking the fourth…