China's retail sales of NEVs were a record 1.015 million units in August, with penetration rising to a record 53.14 percent, preliminary CPCA data showed.
For details, please visit CnEVPost.
Category: Industry News
VW’s Cupra brand warns its China-made EV model would be ‘wiped out’ by EU tariffs
"The intention was to protect the European car industry but for us, it's having the opposite effect .... We need to find a solution," Cupra's CEO said.
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Changan establishes German subsidiary as it targets 480,000 overseas sales in 2024
Changan's German subsidiary has been registered, marking another step in its "Vast Ocean" plan.
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China to take countermeasures against Canada over EV tariffs
China plans to resort to the WTO dispute settlement mechanism against Canada's practices and will launch the world's first anti-discrimination investigation.
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Changan’s NEV arm Deepal signs dealer deal to tap UAE market
Deepal signed a strategic partnership agreement with UAE auto dealership group Al Tayer Motors on September 2 to jointly offer Deepal's products in the Middle Eastern country.
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China Aug NEV wholesale at 1.05 million, up 11% from Jul, CPCA estimates show
China's wholesale sales of passenger NEVs are expected to come in at 1.05 million units in August, which would be the first time this year that they have exceeded 1 million units.
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IM Motors starts pre-sales of updated LS6 SUV from $32,410
IM Motors today began pre-sales of the LS6 at the Chengdu auto show, with a price range of RMB 229,900 ($32,410) to RMB 299,900.
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Chinese EV startup Rox Motor goes global, to build sales outlets in 5 overseas markets
Rox Motor has signed distribution agreements with partners from Qatar, Kuwait, Azerbaijan, the Philippines, and Egypt to initiate the construction of sales channels in these five emerging markets.
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Baidu-backed Jiyue begins pre-sales of Jiyue 07 sedan with price starting at $30,300
Jiyue has begun pre-sales of the Jiyue 07 at a price of RMB 215,900 ($30,300), with the model set to go on sale on September 10.
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China NEV retail at 718,000 in Aug 1-25, up 18% from same period last month
China's NEV retail penetration was 55.1 percent in the August 1-25 period, and 44.3 percent year-to-date.
For details, please visit CnEVPost.
