Category: Industry News

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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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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