Smart and Sustainable Electric Mobility
China's NEV penetration at retail was 50 percent in June 1-10, and 40.74 percent year-to-date.
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Similar to some other hardcore SUVs, the Deepal G318 has a boxy exterior design and is expected to compete with BYD Fang Cheng Bao's Bao 5.
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BYD will be subject to an additional tariff of 17.4 percent, Geely 20 percent and SAIC 38.1 percent. Other BEV producers that cooperated in the EU investigation but were not sampled will pay a weighted average duty of 21 percent.
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In the first quarter of this year, Xpeng's exports reached 61.8 percent of the full year 2023, the company said.
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The European Commission is about to notify carmakers that it will temporarily impose additional tariffs of up to 25 percent on imported Chinese EVs from next month, according to the Financial Times.
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China's NEV penetration at retail was a record 47 percent in May, up 14 percentage points from 33 percent a year earlier and up 3.3 percentage points from 43.7 percent in April.
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IM Motors' first EREV model will be an SUV, which will be launched in the first quarter of 2025, according to local media.
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Mercedes-Benz's all-electric CLA model will be equipped with a high-level intelligent driving solution from Momenta that does not rely on high-definition maps, and will be capable of pilot assisted driving in urban areas, according to local media.
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China's NEV penetration at retail stood at 46.88 percent in May and 40.26 percent year-to-date, according to preliminary data from the CPCA.
The post China NEV retail at 790,000 in May, up 17% from Apr, preliminary CPCA data show appeared first on CnEVPost.
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In May, the start of car trade-in subsidies and the cooling of price wars have stimulated spending among groups that were previously on the sidelines, the CPCA said.
The post China May NEV wholesale at 910,000, up 16% from Apr, CPCA estimates show appeared first on CnEVPost.
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