Tag: market

China EV market to feel greater heat from Huawei in 2026 as new report reveals HIMA’s model plans

Huawei's HIMA business is gearing up to launch new models in 2026, with all five brands under its…

Arcfox launches $8,820 T1 compact EV to regain relevance in Chinese market

Arcfox, a subsidiary of Beijing Automotive Group (BAIC Group), has officially launched the T1 compact electric SUV in…

Global EV market surges with 1.7M sales in August, up 25% YTD

Global EV sales continued to climb in August 2025, with 1.7 million electric vehicles hitting the roads worldwide.…

Can BEV incentives jump-start Italy’s new-car market?

Italy’s new-car market experienced a significant decline in August, with industry experts calling for new incentives to boost…

South Korea report: domestic vehicle market up 5% in August

In August 2025, domestic sales by South Korea's top five automakers increased by 5% to 111,523 units compared…

Automakers’ share in China NEV market in Aug: BYD leads with 27.8%, Tesla 5th with 5.1%

In August, Tesla made significant strides in China's new energy vehicle (NEV) market, climbing three spots from eighth…

Record electric van uptake amid wider UK LCV market struggles

The UK’s light-commercial vehicle (LCV) market experienced a decline in both the new and used sectors in August,…

China’s passenger vehicle market post YoY growth in both Jan.-Aug. retail sales, wholesale

China's passenger vehicle market continues to show strong growth, with retail sales reaching 1.995 million units in August…

Lynk & Co 10 EM-P plug-in hybrid electric sedan hits market, starting at 163,800 yuan

Lynk & Co Launches First Mid-to-Large Plug-In Hybrid Electric Sedan Beijing (Gasgoo)- Lynk & Co recently introduced its…

Tesla market share drops, Mercedes, BMW, and VW drop new EVs

The electric vehicle market is heating up with a slew of new offerings from German automakers like Mercedes,…

CATL launches Shenxing Pro battery for European EV market

CATL has recently unveiled its latest product, the Shenxing Pro battery, as part of its Shenxing series. This…

Changan: How major Chinese brand plans to conquer UK market

Changan is gearing up for its UK launch with the introduction of the Deepal S07 as an electric…