China NEV sales back above 1 million in Jun, CAAM data show
China sold 612,000 BEVs and a record 436,000 PHEVs in June.
SAIC-GM-Wuling launches Binguo EV in Thailand, prices start at $11,510
The Binguo EV is now available in four variants in China with a starting price of RMB 56,800 ($7,810).
China’s NEV ownership reaches 24.72 million by end of Jun
As of the end of June 2024, China's BEV ownership amounted to 18.134 million vehicles, accounting for 73.35 percent of the total NEVs.
China NEV retail rises to 856,000 in Jun, penetration hits another record at 48.4%
Retail sales of BEVs in June were 493,000 units, down 0.5 percent from May, while PHEVs were 363,000 units, up 17.4 percent from May.
Porsche recalls 17,278 imported Taycan EVs in China due to brake system defect
Due to design reasons, these vehicles may experience brake fluid leakage, which can lead to reduced braking effectiveness and longer braking…
China NEV retail at 864,000 in Jun, up 6% from May, preliminary CPCA data show
China's NEV penetration at retail stood at 49.23 percent in June and 41.91 percent year-to-date.
China Jun NEV wholesale at 970,000, up 8% from May, CPCA estimates show
In June, price wars in China's auto market cooled down, spurring consumer sentiment among groups that had been on the sidelines, the CPCA said.
Toyota seeks to build EV plant in Shanghai, hoping for Tesla-like treatment, report says
Toyota is in discussions with Shanghai authorities about the possibility of building a wholly owned factory to produce Lexus' EVs, according…
BeyonCa to set up global headquarters and EV plant in HK
BeyonCa, which operates mainly in Beijing, hopes to become the first international luxury EV brand to be "Made in Hong Kong".
China EV production projected to exceed 10 million units in 2024
China's NEV production reached 8.91 million units in 2023, up 34.15 percent year-on-year.