Industry News2 Min Read RainManonFebruary 21, 2024 China’s NEV retail at 165,000 in Feb 1-17, down 44% from same period last month China's NEV sales declined significantly in the first three weeks of February, mainly due to the Chinese New Year holiday.
Industry News3 Min Read RainManonFebruary 20, 2024 Price war in China’s passenger car market to remain fierce in 2024, says CPCA secretary-general The process of new manufacturers replacing old ones in the process of establishing a new market order will likely continue for several years…
Industry News2 Min Read RainManonJanuary 31, 2024 China NEV retail sales at 596,000 in Jan 1-28, down 24% from same period last month China's passenger NEV retail sales stood at 596,000 units in January 1-28, up 92 percent from a year earlier but down 24 percent from a month…
Industry News2 Min Read RainManonJanuary 24, 2024 China NEV retail sales at 380,000 in Jan 1-21, down 21% from same period last month China's NEV sales performance didn't continue to deteriorate last week, despite the beginning of the year usually is a low point for sales.
Industry News2 Min Read RainManonJanuary 18, 2024 China’s major automakers gather in Beijing to discuss industry development, report says The meeting covered topics including promoting the development of the NEV industry, boosting NEV consumption, and encouraging the expansion in…
Industry News2 Min Read RainManonJanuary 17, 2024 China NEV retail sales at 226,000 in Jan 1-14, down 21% from same period last month China's NEV sales performed even worse at retail last week, leading to a significant drop in sales in the first half of the month compared to…
Industry News2 Min Read RainManonJanuary 12, 2024 China NEV retail sales at 114,000 in Jan 1-7, down 12% from same period last month In the first week of January, China's NEV retail sales were down 12 percent from the same period in December, while NEV wholesale sales were…
Industry News3 Min Read RainManonJanuary 8, 2024 Morgan Stanley cuts earnings estimates across China’s auto chain Morgan Stanley cut its price targets on Nio and Xpeng, while raising its price target on Li Auto and maintaining its Overweight rating on them.
Industry News2 Min Read RainManonDecember 28, 2023 China NEV retail sales at 567,000 in Dec 1-24, up 10% from same period last month China's passenger NEV retail sales stood at 7.375 million units so far this year, up 34 percent year-on-year.
Industry News2 Min Read RainManonDecember 20, 2023 China NEV retail sales at 365,000 in Dec 1-17, up 4% from same period last month China's retail penetration of NEVs was 38.7 percent in the December 1-17 period, and 35.3 percent year-to-date.