Industry News2 Min Read RainManonJune 21, 2023 China NEV retail at 320,000 in Jun 1-18, up 5% from same period last month, CPCA data show So far this year, China's retail sales of passenger NEVs were 2.74 million units, up 35 percent year-on-year.
Industry News3 Min Read RainManonJune 14, 2023 China NEV retail sales in Jun 1-11 at 160,000, down 4% from same period last month, CPCA data show From June 1 to June 11, retail sales of all passenger vehicles in China were 425,000 units, down 10 percent year-on-year and down 25 percent…
Policy2 Min Read RainManonJune 8, 2023 China launches nationwide promotions to boost auto consumption The moves include holding auto festivals in 100 cities and promoting consumption of NEVs in rural areas.
Industry News2 Min Read RainManonMay 31, 2023 China NEV retail at 483,000 in 1st 4 weeks of May, flat from same period last month In the first four weeks of May, retail sales of all passenger vehicles in China were 1,392,000 units, up 19 percent year-on-year but down 6…
Industry News2 Min Read RainManonMay 25, 2023 China NEV retail up 13% MoM to 372,000 in 1st 3 weeks of May, CPCA data show Retail penetration of NEVs in China was 35.6 percent in the first three weeks of May.
Industry News2 Min Read RainManonMay 17, 2023 China NEV retail up 101% YoY in May 1-14, CPCA data show As price wars fade and consumer wait-and-see sentiment eases, pent-up demand has been released, the CPCA said.
Industry News2 Min Read RainManonMay 15, 2023 Prominent economist suggests China ban fuel car sales in 5 years Independent economist Ren Zeping has suggested that China introduce a timetable to ban the sale of fuel cars within five years and have…
Policy3 Min Read RainManonMay 9, 2023 China allows 6-month sales extension for some ICE models based on existing emissions standard China will implement the China 6b emissions standard on July 1, although some models will be given a six-month sales transition period.
Industry News2 Min Read RainManonApril 6, 2023 Price wars fail to boost China’s auto consumption With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than…
Policy3 Min Read RainManonMarch 30, 2023 China to allow extended sales periods for ICE models based on existing emissions standard, report says Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions…