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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 CFO says confident of meeting this year's sales target

CN EV Post

| 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. percent year-on-year.

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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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NIO keeps goal of doubling sales this year despite price war causing greater challenges

CN EV Post

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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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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China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show

CN EV Post

The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations. China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8 China saw BEV sales of 490,000 units in March, up 23.8 percent year-on-year.

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How Tesla’s Model 3 Is Melting ICE Markets

EV Obssesion

Tesla’s Model 3 triggered the Osborne effect in the auto industry and is causing the internal combustion engine (ICE) market to melt, The Driven shared and explained just how this happened. The post How Tesla’s Model 3 Is Melting ICE Markets appeared first on EV Obsession.

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