Category: Industry News

Nissan cuts prices of its flagship EV offering in China by about $8,740 after similar move by Toyota

The Nissan Ariva was officially launched in China on September 27, 2022, and Nissan said at the time that it was the first global model under its Nissan Next strategy.

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Chinese academician expects lithium prices to see further drop of up to 20% this year

Chinese Academy of Sciences academician Ouyang Minggao said he expects the price of lithium carbonate in China to drop to between RMB 350,000 yuan ($50,890) and 400,000 yuan per ton in the second half of this year.

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Fitch expects China’s NEV sales to maintain strong growth, while ICE vehicle sales to decline

Fitch expects sales of passenger NEVs in China to grow by more than 30 percent in 2023, while ICE vehicles will decline by the low teens.

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