Electrek

JULY 7, 2023

Once considered the leader in China’s auto industry, Volkswagen has watched its share of the pie shrink over the past year or so as EV makers like BYD, NIO, and Tesla steal the show. 3 price in China to boost EV sales, starts at under $18K appeared first on Electrek. 3 electric car.

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CN EV Post

MARCH 24, 2023

The China Passenger Car Association (CPCA) expects China's new energy vehicle (NEV) sales to continue to recover this month from last month, although growth in the overall passenger car market remains slow. Retail sales of passenger vehicles in China are expected to be 1.59 percent from a year ago and up 27.5

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Green Car Reports

SEPTEMBER 10, 2017

The auto industry has now grudgingly accepted that battery-electric cars will make up some portion of the world's new vehicles in years to come. But a milestone in that trend may have come today, in news from China.

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CN EV Post

APRIL 25, 2023

April passenger vehicle sales in China are expected to be around 1.57 China's new energy vehicle (NEV) sales rose significantly this month from a year ago, though they were down from March. In April, retail sales of NEVs in China are expected to be around 500,000 units, up 77 percent from a year earlier but down 8.4

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Baua Electric

JANUARY 23, 2024

Automotive suppliers, too, have made hefty investments in the shift to electric, and now they are seeing their markets being hit due to slower uptake than expected and the fact that car sales are “historically low,” reports the FT. FTC: We use income earning auto affiliate links. Get started here.

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CN EV Post

FEBRUARY 9, 2023

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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Green Car Congress

FEBRUARY 22, 2010

China Daily. China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference.

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CN EV Post

MARCH 16, 2023

A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. Last week, both SAIC-Volkswagen and FAW-Volkswagen, another Volkswagen joint venture in China, began offering discounts of up to 40,000 yuan on ID. billion in subsidies for car purchases. (A

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Baua Electric

APRIL 22, 2024

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

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CN EV Post

MARCH 12, 2023

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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Teslarati

OCTOBER 19, 2021

The narrative surrounding Tesla appears to have shifted for the better in China, with Xinhua News Agency , the official state-run press agency of the People’s Republic of China, recently posting a glowing analysis of the EV maker’s effect on the country’s auto sector.

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Teslarati

MAY 24, 2022

CATL, one of Tesla’s key battery suppliers, recently shared some bold estimates on the auto industry’s adoption of electric vehicles. According to a CATL executive, there will likely be no new internal combustion-powered cars on the market by 2030 or 2035 at the latest. China sold 3.5

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CN EV Post

MARCH 9, 2023

(Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media. The rumors and the dealers' moves come as the Chinese auto industry is staging a rare price war.

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Green Car Congress

JULY 31, 2011

—things are far from back to “normal,” or at least the normal defined by the consumer-incentive-induced sales levels of the past. —things are far from back to “normal,” or at least the normal defined by the consumer-incentive-induced sales levels of the past. million units in lost vehicle sales this year.

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Teslarati

MAY 10, 2024

Research from Transport & Environment stated that a quarter of all EV sales this year will be China-made cars. They are also priced lower than European EVs due to state subsidies, cheap labor in China, and robust Chinese battery supply chains. Chinese EVs, like those made by BYD, are often more technologically advanced.

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CN EV Post

APRIL 12, 2023

The new model of Volkswagen's ID family, the ID.7, 7, may not be far from its launch in China, as it enters a regulatory catalog. China's Ministry of Industry and Information Technology today announced the latest batch of models that will soon be allowed to be sold, and the ID.7 The new ID.7 FAW-Volkswagen's ID.

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CN EV Post

MARCH 12, 2023

FAW-Volkswagen's retail sales of NEVs in January-February were 9,572 units, down 8.3 The price war in China's auto industry continues, with Volkswagen becoming the latest to join in. In addition to FAW-Volkswagen, SAIC-Volkswagen, another Volkswagen joint venture in China, is also offering discounts for the ID.

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EV Info

JANUARY 2, 2024

in Sweden Data from Swedish auto industry association Mobility Sweden showed 1,789 new Tesla cars were registered in December, up from 1,645 in the same month of 2022. The total sales for the year saw a slight increase while EV sales grew 18%. Tesla Market share Grows to 6.1% Market share grew to 6.1%

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CN EV Post

APRIL 21, 2023

Deng did not disclose how Shenlan will meet its goal of selling 200,000 vehicles this year, and the brand offered up to 42,000 yuan ($6,090) in purchase discounts during last month's price war in the Chinese auto industry. I think the whole industry will be sustainable only if there is a value war," he said.

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CN EV Post

MARCH 9, 2023

This article contains 20 tables compiled by CnEVPost based on data from the CPCA, showing which models and car companies sold the most in China in February. The China Passenger Car Association (CPCA) announced on March 9 the top selling models and car companies in China in February, presenting a panoramic view of the Chinese auto industry.

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CN EV Post

APRIL 12, 2023

This article shares the CPCA's rankings of the best-selling models and car companies in China for March. The China Passenger Car Association (CPCA) announced on April 11 the top selling models and car companies in China in March, presenting a panoramic view of the Chinese auto industry. 4 Geely 90,175 93,378 -3.4%

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Teslarati

OCTOBER 30, 2023

Japanese company and Tesla supplier Panasonic announced plans on Monday to cut domestic production of electric vehicle (EV) batteries due to some vehicle sales being slower than initially planned. He also alluded to the fact that the company may be looking beyond the auto industry for additional customers. billion yen ($185.2

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Baua Electric

JANUARY 8, 2024

Duplicitous doublespeak has become de rigueur dialect in the auto industry. “We We strongly believe in EVs,” say auto dealers as they support efforts to slow the EV transition. The latest example of Orwellian Newspeak comes from GM, which touted “another year of firsts” in its US Q4 and Full-Year Sales report.

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Baua Electric

FEBRUARY 1, 2024

Hyundai is set to launch a new EV brand as it looks to gain its share of the largest market globally. The automaker is betting on custom EVs to revamp sales in the region. China is the undisputed EV market leader. Fully electric vehicles accounted for over 23% of new car sales last year in China, with 6.68

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Clean Fleet Report

FEBRUARY 6, 2022

In spite of the this negative outlook and his further declaration that no new models would be introduced in 2022, Musk also said he expected sales to grow at about 50% per year on average for the next few years and that the coming year would be “comfortably above” that figure. million sales worldwide with its four current models.

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Baua Electric

MARCH 23, 2024

The auto industry is electrifying, and all new cars will be electric in the relatively near future. Namely: China. Chinese EVs will grow, whether you like it or not China is actually a little late to the EV party. Chinese EV sales have started taking off overseas , particularly in Europe.

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Baua Electric

AUGUST 11, 2023

Ford mentioned the project was once being shaped “to better grasp the development trend of electrification and intelligence in the auto industry.” Gross sales of Ford with Changan fell 12.6 % within the first part mode the year-ago length, China Affiliation of Car Producers knowledge confirmed.

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Teslarati

APRIL 25, 2023

At the same time, Honda plans to increase its annual sales of electric motorcycles to 3.5 With the popularity of electric vehicles continuously rising, legacy automakers like Honda are reevaluating their place in the general auto industry. million electric motorcycles annually, approximately 15% of Honda’s total unit sales.

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Teslarati

AUGUST 3, 2023

Tesla is the world leader in pure electric vehicles, but in China, the company has a number of strong competitors. These include BYD, which outsell Tesla in China in terms of New Energy Vehicles (NEVs) sales. India is an increasingly important market in the auto industry.

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CN EV Post

MARCH 26, 2023

In January-February, Chery's NEV sales were 13,293 units, down 57.6 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. In January-February, Chery's NEV sales were 13,293 units, down 57.6

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Teslarati

JANUARY 20, 2023

Tesla was battered and bruised last year by a series of headwinds, from Giga Shanghai’s shutdowns to CEO Elon Musk’s TSLA stock sales to fund his Twitter acquisition. This is a notable development for Tesla, considering that the company was once one of the auto industry’s biggest money losers.

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Baua Electric

JANUARY 31, 2024

Germany is Europe’s biggest auto market, and it’s been one of the main drivers of EV growth. But now that is expected to change course, as EV sales are projected to drop – by 14% – for the first time in eight years. After China, Germany is the world’s second-largest passenger car BEV producer – but considering China produced 6.6

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Teslarati

APRIL 4, 2022

Tesla ( NASDAQ:TSLA ) essentially bucked the auto industry in the first quarter of 2022. Supply chain issues similar to those faced by Tesla also plagued the greater auto sector, and it showed in their numbers. In the United States, new vehicle sales fell about 12% in the first quarter compared with a year ago.

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Teslarati

SEPTEMBER 15, 2023

During the pandemic, Volkswagen fell behind in the Chinese auto market as companies like BYD, Nio, and Tesla took over, with the competition nearly doubling the market’s EV and hybrid offerings (via Bloomberg ). Volkswagen had just around 145,000 sales. and overseas in Shanghai, China and outside of Berlin, Germany.

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Teslarati

JANUARY 6, 2023

This is despite the near-constant supply shortages that have plagued (and continue to plague) the auto industry, notably in Europe. Foremost being earnings, each company has reported strong earnings throughout the year, motivated by continued strong sales growth. If you have news tips, email us at tips@teslarati.com !

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The Truth About Cars

APRIL 24, 2023

BYD, China’s largest electric automaker, isn’t as gung-ho about autonomous vehicles as many other auto industry giants. & China regulates self-driving cars tightly and does not allow their sale to the general public. & [Image: Robert Way via Shutterstock] Become a& TTAC insider.

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Baua Electric

SEPTEMBER 17, 2023

MG, the legacy British emblem owned through China’s SAIC Motor Corp. However with its unrivaled keep an eye on of the battery provide chain, China is definitely located to make bigger its proportion. The quantity is anticipated to just about halve through 2030, as carmakers go increasingly more towards on-line gross sales.

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