Smart and Sustainable Electric Mobility
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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This is the latest measure in China aimed at boosting the EV industry, which previously saw high growth in the private sector.
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NIO has started deliveries of the EL7 in the Netherlands, and deliveries of the SUV model in Germany, Denmark, Sweden and Norway are also about to begin.
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The model will be one of two new models Zeekr will launch this year that the company says will be the ceiling for performance in the A-class SUV.
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In 2022, 3.11 million vehicles were exported from China, of which Chery contributed 452,000, or 14.5 percent.
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In terms of penetration, new registrations of NEVs in Shanghai contributed 53 percent of all new vehicle registrations in 2022.
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