BMW said it will accelerate its electrification this year, bringing 11 BEV models to Chinese customers.
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Category: Industry
China’s NEV ownership hits 13.1 million by end of 2022, but only accounts for 4.1% of total fleet
By the end of 2022, there were 10.45 million battery electric vehicles (BEVs) in China, accounting for 79.78 percent of all NEV ownership.
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China EV market getting through rough patch and should return to normal trend growth by spring, says Deutsche Bank
On a full-year basis, the reopening of China will have a positive impact on consumer sentiment and should boost vehicle production and sales in the second quarter, said Edison Yu's team.
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NIO ET5 wait time reduced from 8-10 weeks to 7-9 weeks
NIO vehicles registered 2,818 insurance units in China last week, including 1,794 ET5s.
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China NEV insurance registrations last week: BYD 35,924, Tesla 2,110, NIO 2,818
From January 2 to January 8, China NEV insurance registrations were 77,000 units, down from 163,700 units the previous week.
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China’s retail sales of passenger NEVs at record 640,000 units in Dec, CPCA data show
For the full year 2022, retail sales of new energy passenger vehicles in China were 5.67 million units, contributing 27.6 percent of all passenger vehicle sales.
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Beijing to hand out 100,000 extra license plates in 2023, 70% to EVs
From January to October 2022, a total of 493,600 new vehicles were sold in Beijing, 34.24 percent of which were NEVs.
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Lotus to allow Eletre buyers to opt for e-mirrors, set to be 1st to do so in China
Deliveries of Lotus Eletre with optional electronic exterior mirrors will begin as early as July 1, 2023, the first day that Chinese regulations will allow car companies to use such mirrors.
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China’s retail auto sales exceed 2.4 million in Dec, up 47% from Nov, preliminary CPCA data show
The CPCA did not release preliminary sales figures for NEVs in December. Previous figures showed the CPCA expected the figure to be around 700,000 units.
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Chinese consumers’ demand for cars set to fall in Jan, industry body says
Lack of consumer confidence and the Chinese New Year holiday will send China's auto sales down in January, an industry association said.
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