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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. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.
Baua Electric
FEBRUARY 29, 2024
“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. Work is on to increase net localisation by another 16-20%, or about INR 24,995 crore, over the following five years ending FY27, they said.
CN EV Post
MARCH 26, 2023
Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. For more articles, please visit CnEVPost. In January-February, Chery's NEV sales were 13,293 units, down 57.6
CN EV Post
MARCH 29, 2023
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.
CN EV Post
APRIL 11, 2023
China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8 percent from February, according to data released today by the China Association of Automobile Manufacturers (CAAM). Sales of fuel cell vehicles were 50 units, up 27 percent year-on-year. For more articles, please visit CnEVPost.
CN EV Post
APRIL 17, 2023
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. The price war has had a big impact on the auto industry, and NIO will not follow suit. In the short term, NIO will face some pressure as a result, he said.
Get Electric Vehicle
SEPTEMBER 25, 2022
Amitabh Kant stated that Rs 20 lakh crore of investment is required in the construction of electric vehicle infrastructure and that several multilateral funding solutions are being studied with the World Bank for implementation. He did agree, however, that the EV sector still confronts hurdles in terms of financing these vehicles.
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