Category: Industry News

Chinese startup Newrizon begins exporting battery swap-enabled electric trucks to Middle East

Newrizon, founded by a former Nio senior vice president, announced in February 2023 that it had secured more than RMB 100 million in Series B+ funding from Nio Capital.

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CPCA expects China’s Jan NEV retail sales to be 800,000 units, 15.3% lower than Dec

China's passenger car retail sales are estimated to be around 2.2 million units in January, down 6.5 percent from December.

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China’s major automakers gather in Beijing to discuss industry development, report says

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 NEV retail sales at 226,000 in Jan 1-14, down 21% from same period last month

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.

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