Wednesday 23 August 2023
Tesla, Chinese automakers set to miss 2023 sales growth targets
Tesla and Chinese automakers such as BYD are all expected to miss their sales growth projections for 2023, with no company hitting 50% in the first half of the year, according to...
Wednesday 28 June 2023
China auto market recovery remains insignificant
The recovery of the Chinese auto market is expected to be insignificant in June, according to statistics from the China Passenger Car Association (CPCA).
Tuesday 21 March 2023
Lithium carbonate prices drop nearly 40% amid China's NEV subsidy reduction
Lithium carbonate, a material used in lithium batteries, including lithium iron phosphate (LFP) and ternary lithium batteries, has recently seen its price drop by nearly 40% to below...
Monday 13 February 2023
New Chinese automakers experienced delivery reduction; price war expected in 2023
New Chinese automakers have experienced a delivery reduction for January 2023 due to China's new energy vehicle (NEV) subsidies ending and a consumer slack season. In addition, Tesla's...
Monday 26 December 2022
Subsidy extension and falling lithium prices sustain China's NEV boom
The Chinese government recently announced that it's extending the tax subsidies for new energy vehicles (NEVs). Coupled with the falling prices of lithium ores, the main raw material...
Monday 7 March 2022
China to end NEV subsidy policy at end of 2022
China recently announced it will cut new energy vehicle (NEV) subsidies. Subsidies will be reduced by 30% in 2022 compared to 2021 and will be completely cut at the end of the year,...