In June 2023, the Chinese government introduced two notable policies targeting the EV sector. One policy involves EV tax breaks, while the other entails the expansion of the new energy...
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...
The recovery of the Chinese auto market is expected to be insignificant in June, according to statistics from the China Passenger Car Association (CPCA).
Li Auto broke ground recently on its power semiconductor R&D and production base in Suzhou, China, a milestone for the electric vehicle (EV) maker. The move is a strategic one,...
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,...
California-based Seres, a subsidiary of Chongqing Sokon Industrial Group, revealed that deliveries of the AITO Wenjie M5 mass-produced electric vehicle (EV), jointly developed by...
China-based makers produced 95,000 new energy vehicles and sold 75,000 units in October 2019, decreasing 35.4% and 45.6% respectively on year, according to China Association of Automobile...
China-based makers produced 87,000 new energy vehicles and sold 85,000 units in August, decreasing 12.1% and 15.8% respectively on year, according to China Association of Automobile...
China-based makers produced 84,000 new energy vehicles and sold 80,000 units in July, decreasing 6.9% and 4.7% respectively on year, according to China Association of Automobile Manufacturers...
China-based makers produced 134,000 new energy vehicles and sold 152,000 in June, increasing 56.3% and 80.0% respectively on year, according to China Association of Automobile Manufacturers...