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BYD sold 1.86M light-duty NEVs in 2022, up 209%

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According to data from the China Automobile Association, BYD’s market share of new energy vehicles reached 24.7% Also in the first half, BYD’s models took six of the top ten places in China’s new energy passenger vehicle sales list. Total NEV sales were up 213% year-on-year, with BEV sales up 184% and PHEV sales up 247%.

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Chinas Minister of Science and Technology Forecasts Annual Domestic EV Production Capacity to Reach 1M by 2020

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China Minister of Science and Technology Wan Gang said that the country’s annual production capacity for electric motor vehicles will reach 1 million units by 2020. While extolling new energy cars, Wan said promotion of public transportation would also help to ease the problems caused by expanding car ownership in China.

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Navigant Research tags Jiangsu Xinri E-Vehicle Company as leader in e-scooter market

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Sales of e-scooters in China alone are expected to reach 9.4 Both types of scooters are significantly lower in cost than automobiles in all regions. Increasing urbanization and traffic congestion: These issues are expanding the travel times of automobiles. million in 2013, compared to 2.6 million in all other countries combined.

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China Auto Ownership Expected to Exceed 200M in 2020

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Estimated automobile ownership in China will exceed 200 million by 2020, causing serious energy security and environmental issues, according to Wang Fuchang, director of the Department of Equipment Industry under China’s Ministry of Industry and Information Technology. Tags: Brief. People’s Daily.

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12th Five-Year Plan for Chinas auto industry to make new-energy vehicles priority

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The 12 th Five-year Plan for China’s auto industry reportedly will make developing new-energy vehicles the top priority. China is targeting annual new-energy automobile sales of 1 million units by 2015, according to the China Association for Automobile Manufacturers. Tags: Brief. People’s Daily.

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16 State-Owned Enterprises Forming EV Association in China

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Sixteen enterprises owned by China will establish the “Association of the Electric Vehicle Industry” next week. According to terms of a draft on the association, setting unified standards on industrial technology will be rooted as a short-term goal. Tags: Brief.

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Daimler AG Signs Memorandum of Understanding with BYD Company Limited to Establish a Technology Partnership for Electric Vehicles in China

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Daimler AG signed a Memorandum of Understanding (MoU) with BYD Company Limited to enter into a comprehensive technology partnership for the development of electric vehicles for China. In addition, a common technology center will be established in China to develop, design and test this electric vehicle.

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