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CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.

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NIO's William Li expects China's auto industry chain to stabilize by March or April

CN EV Post

"I am very confident that in the near future, China supply chain and the auto industry will return to normal," Li said. The post NIO's William Li expects China's auto industry chain to stabilize by March or April appeared first on CnEVPost. For more articles, please visit CnEVPost.

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China to allow extended sales periods for ICE models based on existing emissions standard, report says

CN EV Post

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. On March 23, China's Auto Dealers Chamber of Commerce (CADCC) called on regulators to delay the implementation of the China 6b emissions standard.

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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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China NEV sales reach record 714,000 units in Oct, CAAM data show

CN EV Post

China's auto industry is currently maintaining momentum in production and wholesale sales, but growth in the consumer market has been slightly sluggish, the CAAM said. The post China NEV sales reach record 714,000 units in Oct, CAAM data show appeared first on CnEVPost. For more articles, please visit CnEVPost.

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China's transition to new emission standard: How will this affect auto market?

CN EV Post

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry.

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China's Jan NEV sales at 408,000, down 50% from Dec, CAAM data show

CN EV Post

China's auto industry is facing big challenges in the first quarter and still needs policy support, the CAAM said. The post China's Jan NEV sales at 408,000, down 50% from Dec, CAAM data show appeared first on CnEVPost. For more articles, please visit CnEVPost.

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