Smart and Sustainable Electric Mobility
The process of new manufacturers replacing old ones in the process of establishing a new market order will likely continue for several years until a new landscape is formed, said Cui Dongshu of the CPCA.
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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 earlier, data from the CPCA showed. (Image credit: CnEVPost) China's new energy vehicle (NEV) sales were weak in the first four weeks of January and don't appear to be […]
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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.
The post China NEV retail sales at 380,000 in Jan 1-21, down 21% from same period last month appeared first on CnEVPost.
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The meeting covered topics including promoting the development of the NEV industry, boosting NEV consumption, and encouraging the expansion in overseas markets, according to local media.
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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 the same period in December.
The post China NEV retail sales at 226,000 in Jan 1-14, down 21% from same period last month appeared first on CnEVPost.
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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 down 35 percent.
The post China NEV retail sales at 114,000 in Jan 1-7, down 12% from same period last month appeared first on CnEVPost.
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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.
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China's passenger NEV retail sales stood at 7.375 million units so far this year, up 34 percent year-on-year.
The post China NEV retail sales at 567,000 in Dec 1-24, up 10% from same period last month appeared first on CnEVPost.
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China's retail penetration of NEVs was 38.7 percent in the December 1-17 period, and 35.3 percent year-to-date.
The post China NEV retail sales at 365,000 in Dec 1-17, up 4% from same period last month appeared first on CnEVPost.
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So far this year, China's passenger NEV retail sales amounted to 6.996 million units, up 34 percent year-on-year.
The post China NEV retail sales at 187,000 in Dec 1-10, up 3% from same period last month appeared first on CnEVPost.
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