China sold 612,000 BEVs and a record 436,000 PHEVs in June.
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Category: Industry News
SAIC-GM-Wuling launches Binguo EV in Thailand, prices start at $11,510
The Binguo EV is now available in four variants in China with a starting price of RMB 56,800 ($7,810).
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China’s NEV ownership reaches 24.72 million by end of Jun
As of the end of June 2024, China's BEV ownership amounted to 18.134 million vehicles, accounting for 73.35 percent of the total NEVs.
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China NEV retail rises to 856,000 in Jun, penetration hits another record at 48.4%
Retail sales of BEVs in June were 493,000 units, down 0.5 percent from May, while PHEVs were 363,000 units, up 17.4 percent from May.
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SAIC demands EU hearing on additional tariffs
SAIC says it will raise further defenses due to unreasonable and erroneous aspects of the European Commission's anti-subsidy investigation.
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Porsche recalls 17,278 imported Taycan EVs in China due to brake system defect
Due to design reasons, these vehicles may experience brake fluid leakage, which can lead to reduced braking effectiveness and longer braking distances.
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EU to impose additional tariffs on China EVs from Jul 5, rates reduced slightly from previously announced
The EU's provisional tariffs will apply from July 5 for a maximum period of four months. Within this timeframe, a final decision on the definitive tariffs must be made through a vote by EU member states.
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China NEV retail at 864,000 in Jun, up 6% from May, preliminary CPCA data show
China's NEV penetration at retail stood at 49.23 percent in June and 41.91 percent year-to-date.
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Canada launches 30-day consultation to consider tariffs on EVs imported from China
The only China-made EVs currently imported into Canada are from Tesla, and local Chinese branded EVs have yet to be sold in Canada.
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China Jun NEV wholesale at 970,000, up 8% from May, CPCA estimates show
In June, price wars in China's auto market cooled down, spurring consumer sentiment among groups that had been on the sidelines, the CPCA said.
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