sales of new energy vehicles (NEV) in China totalled around 883,000 units last month. That is 35.3 per cent morethan in the same month last yearand 85.1 per cent more than inFebruary 2024. The March result is the strongest so far this year, but this is hardly surprising given that the...
It is also believed that the end of the OEM subsidy will dampen EV sales in the first half of 2023 because historically, a decline in subsidies in China has been followed by a decline in sales. This is best observed if we look back to the 2017-2019 period of passenger EV (PEV) sales...
2 (Xinhua) -- Atto 3, an electric subcompact crossover model manufactured by China's BYD Auto, was the best-selling electric car in Israel in 2023, according to the Israel Vehicle Importers Association on Tuesday. The crossover model, which entered the Israeli market in late 2022, sold ...
HOUSTON, March 8 (Xinhua) -- The State Grid Corporation of China (SGCC) forecast a 60-percent increase in the sale of electric vehicles (EVs) in China, which already accounts for the lion's share of EVs worldwide. At CERAWeek, an annual energy conference organized by U.S. business comp...
In 2022, EV sales in China reached 27%1 of total vehicles sold; in Europe, they made up just over 20%. And, in the US, EV sales increased to more than 7% of all vehicle sales.2 Surprisingly, this demand for EVs comes despite huge turmoil in supply chains, record prices for battery...
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...
BYD Leads Chinese EV Makers by Sales in 2023, Hitting Record for 8th Straight Month BEIJING, January 2 (TMTPost)— Data for the last month of 2023 showcased BYD Co. Ltd maintained leadership in Chinese electric vehicle (EV) sector.Credit：Visual China BYD sold 341,043 new energy vehicles (...
Chinese automakers have released their November 2024 sales figures, showcasing strong growth in the new energy vehicle (NEV) sector: BYDdelivered 506,800 NEVs, up from 301,900 units a year ago. Li Autoreached 48,740 deliveries, a year-on-year increase of 18.8 percent. Year-to-date deliveri...
Nezha said that the company plans to focus on the Asia-Pacific and Middle East markets in 2024, actively expanding in the European Union market. The company already has a presence in Latin America and Africa. In 2024, the company aims to achieve overseas sales of 100,000 units. In the Mi...