The Truth About Cars

APRIL 11, 2024

China had long been a sort of a sleeping giant in the world economy, though it hasn’t been so sleepy over the last few decades. The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force.

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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. In an attempt to draw in buyers, VW is slashing the price of its small ID.3 3 electric car. For a limited time, VW will offer the ID.3

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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. This was seen as the beginning of the massive outbreak of the price war. Now, these automakers may be able to get some respite.

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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.

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CN EV Post

MARCH 9, 2023

Image from BYD's Weibo) As the price war intensifies in China's auto industry, BYD has also started offering discounts for its two models, even though the official prices remain unchanged. Since the end of last year, several EV makers have cut prices, including Tesla and XPeng (NYSE: XPEV).

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CN EV Post

MARCH 12, 2023

The price war in China's auto industry continues, with Volkswagen becoming the latest to join in. family of models, with the lineup starting at as low as RMB 174,900 yuan, according to a poster posted on Weibo on March 11 by the Volkswagen joint venture in China. family of models, according to the poster.

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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. Chery New Energy announced today that official guide prices for three of its NEV models has been cut by up to 9,000 yuan ($1,310) starting at 00:00 on March 27.

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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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Baua Electric

JANUARY 23, 2024

Electrek’s Take The German stalwarts – BMW, Volkswagen, and Mercedes, and the European-based suppliers for their vehicles – are in a tight position, struggling to adapt to EVs and keep up with the pace of innovation as Tesla takes over , and China moves in. FTC: We use income earning auto affiliate links. Get started here.

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CN EV Post

MARCH 28, 2023

Based on January-February retail sales, BYD is already the largest automaker in China with an 11.8 percent share. | BYDDY.US | BYD HK BYD's new energy vehicle (NEV) sales are expected to maintain strong growth in the first quarter, despite the overall weak performance of China's passenger vehicle market. percent share.

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CN EV Post

APRIL 11, 2023

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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Teslarati

JANUARY 20, 2023

Just a few days and weeks into the year, Tesla started a price war. Tesla’s aggressive price cuts to its lineup of vehicles are not just a warning shot in the electric vehicle sector. 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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CN EV Post

APRIL 12, 2023

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 Volkswagen's ID series of electric vehicles in China are produced by its two main joint ventures.

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CN EV Post

MARCH 24, 2023

The overall market is recovering at a slower pace than previously expected due to increased consumer wait-and-see sentiment caused by big price cuts, the CPCA said. Retail sales of passenger vehicles in China are expected to be 1.59 In mid-March, the overall market discount rate for passenger cars in China was about 14.4

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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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CN EV Post

MARCH 13, 2023

Tesla 's insurance registrations last week in China were higher than the previous week's 13,266, while NIO 's were lower than the previous week's 3,345. China's passenger vehicle market saw insurance registrations slip last week, with a mixed performance from major new energy vehicle (NEV) makers.

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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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Baua Electric

MARCH 25, 2024

Global EV leader BYD launched a new version of its Seal electric sedan Monday, with starting prices around $25,000 (179,800 yuan). The Seal Honor Edition is BYD’s latest lower-priced EV to roll out, fueling its “liberation battle” against gas-powered cars. Based on the e-platform 3.0, the new EV is offered with 61.4

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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 We expect the industry to go through some profound consolidation," Feng said."It's

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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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Teslarati

MARCH 26, 2024

auto industry BYD’s full-year 2023 net profit increased by 80.7 “The latest round of price cuts would inevitably result in a margin hit,” said John Zeng, London consulting firm GlobalData’s Head of China Market Forecasting (via Reuters ). The $10,000 BYD Seagull EV is scaring the U.S.

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Teslarati

OCTOBER 15, 2021

Tesla stock ( NASDAQ:TSLA ) recently received an optimistic outlook from Jefferies Equity Research, with analyst Philippe Houchois raising his price target on the automaker from $850 to $950 per share. Rationale: “higher capacity ramp and sustained demand;” specifically, Berlin opening and China 3Q demand.

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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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Green Car Congress

NOVEMBER 7, 2021

According to China Passenger Car Association (CPCA), BYD Han ranked second among the sales rankings of mid-to-large size sedans, with sales of 10,248 units in September. in April 2021 at the Shanghai Auto Show. BYD Han, the flagship NEV sedan of the Dynasty series, sold 11,087 units in October. BYD introduced the e-platform 3.0

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Green Car Congress

OCTOBER 24, 2010

Liu Shijin, deputy director of the Development Research Center of the State Council, one of China’s top government think tanks, told a forum that the government should shift its guidance to automakers from mere pursuit of output capacity to environment-friendly and energy-saving targets.

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Baua Electric

APRIL 22, 2024

Rising EV sales are set to remake the global auto industry and significantly reduce oil consumption for road transport, according to the new edition of the IEA’s annual Global EV Outlook , released today. This shift will have major ramifications for both the auto industry and the energy sector.

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Setec Powerr

DECEMBER 16, 2022

China is the world’s largest producer of electric vehicles. According to statistics from the China Automobile Dealers Association, my country’s auto exports will reach 2.015 million in 2021, a year-on-year increase of 101.1%, exceeding 2 million for the first time in history. Demand for charging piles soars.

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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. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

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CN EV Post

APRIL 7, 2023

Image credit: CnEVPost) BYD (OTCMKTS: BYDDY) offered discounts on the Seal and Song Plus during a price war in the Chinese auto industry a month ago and the benefits expired at the end of March. The BYD website currently shows the suggested retail prices of the Seal at RMB212,800 to RMB 289,800, the same as before.

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Green Car Congress

FEBRUARY 12, 2019

CAR said that a number of positive factors support a high level of US light vehicle sales, including: Projected moderate US economic output growth in 2019; Historically low US unemployment rates; Relatively low oil prices continue through 2020; Underlying nominal wage growth continues; High levels of consumer confidence were reached in Q4 2018; and.

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Green Car Congress

MARCH 27, 2020

Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 IHS Markit downgraded its expectations for Mainland China by 2.3 million units.

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CN EV Post

APRIL 21, 2023

The brand unveiled its first SUV, the Shenlan S7, a similar model to the Tesla Model Y crossover, on March 5, with pricing information yet to be announced. I think the whole industry will be sustainable only if there is a value war," he said. The offer was valid from March 10 to March 31 and was limited to 10,000 units.

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Baua Electric

FEBRUARY 1, 2024

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 Hyundai and BAIC’s relationship dates back to 2002 when they established a joint venture to build a car plant in China. The move comes as Hyundai looks to turn around slumping sales in China.

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Baua Electric

MAY 10, 2024

Currently, all cars made in China are subject to a 25% tariff when imported to the US, on top of an additional 2.5% This large tariff has had the effect of excluding Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first. FTC: We use income earning auto affiliate links. at the time.

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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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Baua Electric

MARCH 15, 2024

The new partnership comes as both automakers (and the Japanese auto industry) quickly fell behind EV leaders like Tesla and BYD. According to sources, the aim is to bring down EV prices to compete with low-cost leaders from China. They may also collaborate on a new shared EV platform.

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