Smart and Sustainable Electric Mobility
So far, Huawei, CATL, and Changan have invested more than 2 billion yuan (~274 million USD), according to Avatr's CEO.
The post Huawei-CATL-Changan JV’s Avatr 12 all-electric sedan rolled off production line in China appeared first on CarNewsChina.com.
The effects of the Biden administration’s Inflation Reduction Act can already be seen in various ways in the EV market. And one of them, recent data suggests, is an abrupt uptick this year in the portion of EVs leased rather than bought. While the IRA re-upped the federal EV tax credit of up to $7,500 for qualifying vehicles, it established... Li Auto's management believes China's NEV penetration will reach 90 percent by 2028, when it will need to sell at least 3 million vehicles annually if it is to become one of the top five players, according to local media.
The post Li Auto targets annual sales of at least 3 million vehicles by 2028, report says appeared first on CnEVPost.
For more articles, please visit CnEVPost.
BYD continues to hold the first place. BYD has been the sales champion for 8 consecutive months.
The post Top-Selling car brands in September 2023 in China – BYD first, VW second, Toyota third appeared first on CarNewsChina.com.
Provisions of the Inflation Reduction Act (IRA) could more than double U.S. EV sales compared to previous projections, according to new analysis from S&P Global Mobility. A pre-IRA forecast saw two million U.S. EV sale by 2030. Now, with IRA-influenced trends like greater automaker investment in EV manufacturing, as well as a revamped federal... Provisions of the Inflation Reduction Act (IRA) could more than double U.S. EV sales compared to previous projections, according to new analysis from S&P Global Mobility. A pre-IRA forecast saw two million U.S. EV sale by 2030. Now, with IRA-influenced trends like greater automaker investment in EV manufacturing, as well as a revamped federal... CATL's share fell by 4.88 percentage points in September from August, while BYD's rose by 0.03 percentage points.
The post China EV battery installations in Sept: CATL's share falls to 39.41%, BYD rises to 27% appeared first on CnEVPost.
For more articles, please visit CnEVPost.
China's market accounted for 32% of Tesla's global sales in Q3.
The post Tesla sold 43,507 EVs in China in September, down 44%. Export up 453% YoY appeared first on CarNewsChina.com.
Reservations for the 2024 Kia EV9 open October 16, the automaker announced Monday alongside full pricing details for the three-row electric SUV. Kia revealed a starting price of about $56,000 last month, announcing a $54,900 price for the base EV9 Light in single-motor, rear-wheel drive form before destination. The automaker has now confirmed a... Reservations for the 2024 Kia EV9 open October 16, the automaker announced Monday alongside full pricing details for the three-row electric SUV. Kia revealed a starting price of about $56,000 last month, announcing a $54,900 price for the base EV9 Light in single-motor, rear-wheel drive form before destination. The automaker has now confirmed a... 