Category: Industry News

CPCA expects Feb NEV sales in China to grow 20% from Jan

Retail sales of new energy passenger vehicles in China are expected to be around 400,000 units in February, with a penetration rate of 29.6 percent, according to preliminary estimates by the CPCA.

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China NEV insurance registrations for week ending Feb 19: BYD 37,026, Tesla 5,913, NIO 3,174

Insurance registrations for most new energy vehicle (NEV) brands in China were flat or up slightly last week compared to the previous week, the latest figures show.

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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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