CN EV Post

JANUARY 2, 2023

Li Auto showed strong execution and sequential growth, while Zeekr's sales performance was the biggest positive surprise of last year, said Edison Yu's team. The post Deutsche Bank on Dec China EV sales: Li Auto shines, NIO disappoints appeared first on CnEVPost. For more articles, please visit CnEVPost.

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CN EV Post

JANUARY 4, 2023

Steady-state monthly sales of the Li L9 are expected to be in the 8,000 to 10,000 range, and both the Li L7 and Li L8 are expected to be in the 10,000 to 15,000 range, a Li Auto executive said. The post Li Auto could reach 40,000 monthly sales in 2023, exec hints appeared first on CnEVPost.

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CN EV Post

NOVEMBER 9, 2022

BYD was the top auto brand in China in terms of retail sales for the fourth consecutive month this year. The post BYD contributes 11% of China's retail auto sales in Oct appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Baua Electric

APRIL 26, 2024

It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show.

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Baua Electric

APRIL 21, 2024

These centres act as a one-stop solution for all after-sales & service-related requests, the release added. Our 500th service centre in Kochi is a testament to our service promise to our customers, and we will continue to strengthen our after-sales & service network across India.”

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Baua Electric

JANUARY 25, 2024

Jefferies said the sales guidance was 5% below consensus, adding there could be further risks to the outlook, depending on the level of decline in auto and industrial chip demand in the first half of 2024, and the rate of recovery in the second. In 2024, STMicro plans to invest about USD 2.5 billion to USD 16.9

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CN EV Post

APRIL 6, 2023

With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than expected, the CADA said. Many automakers in China launched rare price wars in March to try to boost sales. The Vehicle Inventory Alert Index for China's auto market was 62.4 Of those, 20.5

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Baua Electric

JANUARY 17, 2024

Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Minda Corp exits Pricol with 15% stake sale, rakes in INR 260 cr profit – ET Auto appeared first on Bauaelectric Auto News.

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CN EV Post

APRIL 3, 2023

(Image credit: CnEVPost) Low consumer sentiment in the wake of the Covid wave has led to weak auto sales in China, though the situation is expected to see relief in the second quarter, and the launch of new models and lower lithium carbonate prices are also encouraging, according to Deutsche Bank. million to 1.75

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Baua Electric

FEBRUARY 5, 2024

Overall new car sales in January rose 8.2% Total BEV sales for the month rose 21% to 20,935 units, with fleet and business demand for BEVs up 41.7% While total new car sales forecast for 2024 is now estimated to be 4,000 units higher, the BEV forecast has been reduced to a market share of 21% over the year, down from 22.3%

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CleanTechnica EVs

JANUARY 29, 2024

This was a stunning news item that I didn’t catch until the end of Iqtidar Ali’s article about Tesla’s 2023. continued] The post Tesla’s California Factory Now Largest Auto Production Factory in USA appeared first on CleanTechnica.

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CleanTechnica EVs

APRIL 2, 2023

In this article, I explain how Wright’s Law is impacting legacy auto sales in the US, Europe, and China, explaining the factors most affecting each market. Background On Wright’s Law ARK Investment Management has been promoting Wright’s Law for years.

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Baua Electric

APRIL 23, 2024

The company’s sales suffered in the first quarter ended Dec. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Auto supplier Adient cuts jobs, transfers roles in Europe to shave costs – ET Auto appeared first on Bauaelectric Auto News.

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Baua Electric

MARCH 9, 2024

General Motors said on Friday it is resuming sales and cutting the price of its Chevrolet Blazer EV after software quality issues prompted the largest U.S. 26 resumed sales of its 2024 model year Chevrolet Colorado and GMC Canyon mid-size trucks after briefly halting them to address intermittent software quality issues.

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Baua Electric

MARCH 1, 2024

State owned iron ore miner NMDC Ltd on Friday said it has crossed a milestone of 40 million tonnes (MT) of iron ore production and sales for the first time in its history in the first 11 months of a financial year in 2023-24. MT of iron ore, which is also the company’s best-ever Feb month sales since inception, it said.

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Baua Electric

APRIL 6, 2024

The announcement follows the shockingly low quarterly sales figures from Tesla this week. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Amid slowing Tesla sales, Musk says robotaxi in August – ET Auto appeared first on Bauaelectric Auto News.

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CN EV Post

APRIL 17, 2023

While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team. (A A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)

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CN EV Post

JANUARY 4, 2023

The CPCA did not release preliminary sales figures for NEVs in December. The post China's retail auto sales exceed 2.4 For more articles, please visit CnEVPost. Previous figures showed the CPCA expected the figure to be around 700,000 units.

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Baua Electric

FEBRUARY 7, 2024

of the total sales, while nearly one out of seven NEVs sold during the month was also exported, CAAM data shows. China’s new energy vehicle sales fell 38.8% China’s new energy vehicle sales fell 38.8% Vehicle sales, including those exported, totalled 2.44 New energy vehicle (NEV) sales, accounting for 29.9%

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Baua Electric

APRIL 25, 2024

The company is slimming down the business due to weak demand, with plans to sell 10,000 more EVs, taking its total planned sales to 300,000 this year. The Estero , Florida-based company said it took a USD 588 million hit in vehicle depreciation costs during the quarter, of which USD 195 million was related to EVs held for sale.

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CN EV Post

APRIL 24, 2023

Li Xiang, founder, chairman and CEO of Li Auto (NASDAQ: LI), predicted a month ago that China's new energy vehicle (NEV) penetration rate would reach 70 percent by the fourth quarter of 2025. Now, perhaps fueled by optimism from the Shanghai auto show, he's making an even bolder prediction. million units, up 1.9 percent year-on-year.

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Baua Electric

MARCH 1, 2024

Valeo now anticipates net 2025 sales in a range of 24.5 French car parts maker Valeo on Thursday cut its net sales guidance for 2025, citing lower-than-expected growth in the automotive market and particularly for electric vehicles. Valeo now anticipates net 2025 sales in a range of 24.5 billion to 25.5 billion euros (USD 26.49

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CN EV Post

MARCH 22, 2023

(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. Some local governments have launched pro-consumption policies aimed at boosting local auto consumption and easing difficulties for car companies.

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CleanTechnica EVs

NOVEMBER 1, 2022

CNN Business recently published an article titled “The Chevy Bolt’s huge sales prove America is craving a cheap electric car.” ” It caught my attention since I track auto sales, and especially electric vehicle sales, very closely.

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CN EV Post

JANUARY 28, 2023

Auto dealers' sales pace was disrupted in January due to the impact of the Covid infection wave and the early timing of the Chinese New Year, the CPCA said. The post China Jan passenger NEV retail sales expected to fall over 40% from Dec, CPCA says appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Baua Electric

APRIL 25, 2024

are doubling down on the burgeoning electric vehicle market in the South Asian nation as sales cool in China, the US and Europe. That also boosted shares of Amara Raja Energy & Mobility Ltd. Global carmakers, including BYD Co., That’s expected to give local component makers a long term boost.

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CN EV Post

APRIL 19, 2023

Tesla (NASDAQ: TSLA) and Li Auto (NASDAQ: LI) kept sales strong last week, while NIO (NYSE: NIO) was weak, the latest data show. Li Auto sold 6,300 units in the week of April 10 to April 16, far outpacing China's other new car-making brands, the automaker said in an April 19 post to its WeChat account.

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CN EV Post

APRIL 16, 2023

NIO revealed 9 highlights of what it will be sharing at the event on the eve of the Shanghai auto show. | NIO US | NIO HK | NIO SG NIO (NYSE: NIO) has announced on the eve of the Shanghai auto show what it will share at the event, showing what you can expect. For more articles, please visit CnEVPost.

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Baua Electric

JANUARY 16, 2024

“The larger impact of Hertz EV fire sale is the perception hit to the technology,” said Karl Brauer, analyst at used-car aggregator iSeeCars.com. fleet operator of EVs, has blamed the sale on high repair costs and weak demand for the vehicles it offers on rent. Hertz, the largest U.S.

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Baua Electric

JANUARY 28, 2024

Klein said he would press ahead with separating the airbag division from the rest of the company, but that a sale was not essential. German auto supplier ZF Friedrichshafen is focused on an urgent need to cut its debt because of high interest rates, the German newspaper Handelsblatt reported on Sunday.

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CN EV Post

MARCH 29, 2023

In the price range of RMB 300,000-500,000, Li Auto has a market share of nearly 20 percent, it said. | Li Auto US | Li Auto HK (Image credit: Li Auto) Li Auto (NASDAQ: LI) saw a milestone in cumulative deliveries of the three L-series models currently on sale. For more articles, please visit CnEVPost.

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Baua Electric

APRIL 24, 2024

He Xiaopeng, founder and CEO of the automaker backed by Germany’s Volkswagen, said software will be refreshed with upgrades every two months, in comments made at a press conference on the opening day of the Beijing auto show.

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CN EV Post

MARCH 21, 2023

| NIO US | NIO HK | NIO SG An NIO (NYSE: NIO) executive re-emphasized the electric vehicle (EV) maker's confidence that it will meet its goal of doubling sales this year, at a time when the Chinese auto industry has been weak overall so far this year. "We For more articles, please visit CnEVPost. million units, down 19.8

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Baua Electric

JANUARY 23, 2024

EV sales in India were growing by a compounded annual growth rate of 49%. The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday.

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Baua Electric

APRIL 25, 2024

The separate announcements from two of Japan’s biggest automakers at the Beijing auto show also underscored the attempt by Japanese manufacturers to come to grips with the massive technological shifts that have disrupted their once enviable positions in the Chinese market. It saw its sales in China fall 1.7%

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CN EV Post

APRIL 17, 2023

NIO maintains its previously mentioned goal of doubling sales, despite greater challenges to meet the goal, said William Li. NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. Photo taken by CnEVPost.)

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Baua Electric

APRIL 25, 2024

Weakness in auto and industrial demand have been weighing on the sector, while investors remain cautious amid high interest rates, with escalating tensions in the Middle East increasing fears.

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