BEIJING, June 1 (TiPost)— Recent data highlighted a major feature of the electric vehicle (EV) market in China: Polarization. Source: Visual China BYD Co., the largest EV manufacturer in China as well as the world by sales in 2022, said on Thursday that it sold 240,220 new energy ve...
BEIJING, June 1 (TiPost)— Recent data highlighted a major feature of the electric vehicle (EV) market in China: Polarization. Source: Visual China BYD Co., the largest EV manufacturer in China as well as the world by sales in 2022, said on Thursday that it sold 240,220 new energy ve...
China is set to become a global leader in EV production, with projections indicating that by the end of 2025,50%of car sales in China could be EVs. This would make China the first major economy to reach such a milestone. In the Chinese EV market, there is a vibrant and competitive lan...
02:50 New energy vehicles are the key focus of recent measures issued by China to promote the recovery and expansion of consumption in the country. Huang Yichang walks us through the various steps being taken to do this.RELATED STORIES Expert: Higher income, market stability to ...
However, China provides a new driving force for the world's automobile industry as the biggest global electric vehicle (EV) sales market. In 2022, China's sales of new energy vehicles reached 6.8 million, accounting for 63 percent of total global sales. The increased demand...
Boom in China's EV market drives up delivery of 17.95 million ADAS millimeter-wave radars in 2022, up by 31.21% year on year By Li Panpan (JW Insights) Mar 10 -- The fast growth of EVs in China has brought about a new robust sector - ADAS millimeter wave radars; A total of 17...
An auto expert commented that Nio's foray into the smartphone market is driven by a larger goal of establishing a comprehensive mobile intelligent ecosystem that integrates people, vehicles and devices. This move aligns with the trend in intelligent driving and the growing importance of human-vehicle...
Tesla’s share of the Chinese EV market fell by a third from 15% in 2020 to just 10% in 2022, according to data from China Passenger Car Association (CPCA). For the first quarter of 2023, BYD came first in...
“Market participants widely support the move as the use and liquidity of nickel briquettes in China is increasing notably with the rapidly-growing EV market,” one official explained in the Q&A. “As a key raw material for EV batteries, nickel briquettes represent the direction of t...
Interestingly, the share of battery EVs (BEVs) in China’s total EV sales decreased in 2022, with plug-in hybrid EVs (PHEVs) increasing their share to 24%.Counterpoint senior analyst Soumen Mandal said, “China’s EV market is the most vibrant globally. Local brands command 81% of the ...