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Category: eMobility
China may achieve NEV penetration of over 50% 10 years early, says ex-industry minister
In October, China's NEV penetration at retail stood at 37.8 percent, up 7.6 percentage points from 30.2 percent a year earlier.
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Could a glut of lithium supply spur an EV price war?
Market experts are carefully watching a drop in lithium prices—and what impact that could have on EV costs—according to a new Bloomberg report. Lithium's benchmark price in China—the world's largest new-car market and a center for battery production—is down about 80% from its November 2022 record high, the report noted... Xpeng X9 showcases autonomous driving capabilities in China [Video]
Xpeng X9 drove into a multi-floor underground parking, found a free spot, and self-parked. Later, it was remotely summoned back.
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Wuling’s first electric sedan Starlight to launch on December 6, presale at 13,200 USD
This is SGMW's answer to BYD Qin Plus. SGMW is a Sino-American joint venture between GM, SAIC, and Wuling.
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Xiaomi has reportedly planned 2 additional models, including 1 hybrid
The strategy of having a hybrid model as the third product is more of a practical move by Xiaomi to boost sales faster, local media said.
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Tesla sold 82,432 China-made vehicles in November, up 14%
Tesla grows after two months of decline in China.
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China’s Nov NEV wholesale sales hit record 940,000 units, CPCA estimates show
China's November wholesale sales of passenger NEVs are estimated at 940,000 units, up 29 percent year-on-year and up 6 percent from October, the CPCA said.
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Tesla sells 82,432 China-made vehicles in Nov, up 14.31% from Oct
Tesla sold 82,432 China-made vehicles in November, up 14.31 percent from 72,115 in October, ending the previous two months of sequential declines.
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BYD’s car carrier completes 1st trial voyage
BYD's roll-on/roll-off car carrier Explorer 1 has completed its first 7-day sea trial in Yantai, Shandong province.
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