Remove Auto Remove Automobile Manufacturer Remove Chinese Remove Dealers
article thumbnail

China’s new energy vehicle sales drop m/m for first time since Aug – ET Auto

Baua Electric

versus the previous month, the first such drop since August 2023, industry data showed, as demand faltered in the world’s largest auto market despite a renewed discounting push led by Tesla. from December, the first such slide since November, according to data from the China Association of Automobile Manufacturers (CAAM).

Auto 52
article thumbnail

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.

Standards 121
article thumbnail

China’s BYD tops 1.6 million BEV sales in 2023

Baua Electric

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. BYD, the country’s dominant automaker in the world’s largest auto market, released its sales numbers yesterday. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering.

BYD 52
article thumbnail

China realizes charging piles, complete vehicles and accessories to go overseas

Setec Powerr

In the next few years, 70% of electric vehicles in Russia will use Chinese charging stations. 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.

China 52
article thumbnail

ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. According to the terms of the definitive agreements, ZAP will acquire 51% of Jonway Auto for US$29.03 million in cash.

China 218
article thumbnail

XPeng revs up for comeback after ending 2022 in the slow lane

CN EV Post

In the race for buyers in China's ultra-competitive electric vehicle (EV) market, XPeng spent last year falling further behind its two main rivals, Li Auto (LI.US; 2015.HK) XPeng is grappling with a lack of consistency in its marketing strategy, said Wang Cun, an analyst with the China Automobile Dealers Association (CADA).

China 104