Smart and Sustainable Electric Mobility
BYD has set a budget of more than $20 billion for its commercial vehicle division through 2025, with major spending planned for research, product development and capacity expansion, according to the Wall Street Journal.
The post BYD reportedly planning big push for battery electric commercial vehicles appeared first on CnEVPost.
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Germany registered 32,475 pure electric vehicles in February, up 15% YoY.
The post Chinese EV brands struggle in Germany as Nio registered 13 EVs, BYD 7, and Aiways none in February appeared first on CarNewsChina.com.
In terms of retail sales, China's NEV penetration rate was 31.6 percent in February, up nearly 10 percentage points from a year ago and up from 25.7 percent in January.
The post China Feb retail sales of passenger NEVs up 32.8% from Jan to 439,000 units, CPCA data show appeared first on CnEVPost.
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Tesla's share of the BEV market in China was 11.50 percent in February, down from 12.56 percent in January.
The post Tesla delivers 33,923 vehicles in China in Feb, exports 40,479 from Shanghai plant appeared first on CnEVPost.
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Ford is clearing out Mustang Mach-E inventory, and Chinese consumers have until April 30 to take advantage of the discount.
The post Ford offers up to $5,740 discount on Mustang Mach-E in China appeared first on CnEVPost.
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CATL's RMB 6.4 billion restructuring proposal was approved unanimously by lithium miner Sinuowei's creditors, according to local media.
The post CATL takes over Chinese lithium miner to lock in more material supplies appeared first on CnEVPost.
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Not just young, but Younger!
The post GAC AION Y Younger electric SUV launched in China with a 430 km range appeared first on CarNewsChina.com.
WM Motor will have more than 100 dealership stores in China gradually return to regular service, the company said.
The post Financially troubled WM Motor says it's pushing hard to resume production appeared first on CnEVPost.
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Authorities in Hubei province have joined forces with local automakers this month to offer subsidies for car purchases of up to RMB 90,000 yuan ($13,000) for some models.
The post Automakers in central China's Hubei offer hefty subsidies as sales pressure mounts appeared first on CnEVPost.
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China's new energy passenger vehicle penetration at retail in February was 32.1 percent, up 6.4 percentage points from 25.7 percent in January.
The post China's Feb retail sales of passenger NEVs up 32% from Jan to 438,000, preliminary CPCA data show appeared first on CnEVPost.
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