Daily Archive: May 23, 2024

CPCA expects China’s May NEV retail at 770,000, penetration at record 46.6%

China's overall passenger vehicle retail sales in May is expected to be around 1.65 million units, down 5.3 percent year-on-year, the CPCA said.

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Xiaomi reportedly raises SU7 delivery target from 100,000 to 120,000 units in 2024

Xiaomi EV will challenge a delivery target of 120,000 units for the full year 2024, according to local media. This represents a 20 percent increase from the previous target of 100,000 units.

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