Category: Industry News

Deutsche Bank on China EV sales: Jan weak but price cuts should boost sales going forward

Deutsche Bank expects the latest round of price cuts to spur a big rebound in EV orders, with at least eight automakers already offering some type of price discount or promotion so far.

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China’s retail sales of passenger NEVs fall 48% in Jan from Dec, CPCA data show

Retail sales of new energy passenger vehicles in China were 332,000 units in January, lower than the CPCA's estimate of 360,000 units announced on January 28.

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Seres to launch new model with semi-solid-state battery this year

The Seres 5 will be powered by a ternary solid-liquid hybrid lithium battery from Ganfeng Lithium, with a 90-kWh version expected to offer a 530 km WLTP range.

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China’s Jan passenger vehicle retail sales fall 41% year-on-year, preliminary CPCA data show

The CPCA's preliminary figures were 8.8 percent below its January 28 estimate of 1.36 million units, implying a worse-than-expected performance in the final days of January.

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CICC expects China NEV sales to reach 1.5 million in Q1, with Jan as recent low point

CICC expects the first quarter to contribute 15.7 percent of China's 2023 NEV sales, with 20.7 percent, 27.6 percent and 35.9 percent from the second to fourth quarters, respectively.

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