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China needs to further optimize NEV consumption to provide support for stable auto consumption and economic growth, according to an article in Economic Daily. The post Chinese state paper article calls for more policies to spur NEV consumption appeared first on CnEVPost. For more articles, please visit CnEVPost.
In this article, I analyze the competitive landscape of electric vehicles (EVs) in China, focusing on the Xpeng Mona M03 and others’ effect on the global auto market. About 3 years ago, I wrote about cars that seemed to be impressive before, like the Xpeng P5 and the BYD Dolphin.
In this article, I’m analyzing at a high level what is happening to the auto industry across propulsion types. For the purposes of this article, I assume that level 5 self-driving and driverless taxis don’t come for a while. I’ll break it down by region and also discuss individual companies.
I found Steve Hanley’s article on the new 2024 Global Automotive Outlook from AlixPartners quite fascinating. Granted, we’ve been covering the Chinese electric car industry since it was basically nothing, so there isn’t much in there that’s new for us fanatics.
China will strictly investigate and punish hoarding, price gouging and unfair competition in the upstream and downstream lithium battery industry to maintain market order, a government document said today. The post Chinese regulators vow to crack down on price gouging as lithium prices rise to staggering levels appeared first on CnEVPost.
The post US regulators get 'good access' in reviewing Chinese firms' audits, report says appeared first on CnEVPost. For more articles, please visit CnEVPost. This is a key step in resolving a long-running bilateral dispute, a Reuters report said.
BYD has reached a good level of vehicle registrations in Norway, while NIO vehicle registrations are growing at the fastest rate among Chinese brands, says CITIC Securities. How do Chinese brands perform? For more articles, please visit CnEVPost. The post Norway: How big is its EV market? appeared first on CnEVPost.
The post Chinese consumer satisfaction with NEVs exceeds fuel vehicles for 1st time appeared first on CnEVPost. For more articles, please visit CnEVPost. BYD has 6 models and NIO has 3 models on the list with the highest satisfaction levels.
The post BREAKING: Chinese securities regulator signs audit regulatory cooperation deal with US regulators appeared first on CnEVPost. For more articles, please visit CnEVPost.
Chinese cars are affordable, while Western manufacturers can't offer enough electric vehicles, Fitch Solutions said. The post One in six EVs sold in Europe will be made by Chinese makers by 2025, Fitch Solutions says appeared first on CnEVPost. For more articles, please visit CnEVPost.
Image credit: NIO Capital) NIO Capital has invested in a local Chinese silicon carbide (SiC) chip maker as it continues to expand its investments in the new energy vehicle (NEV) industry chain. For more articles, please visit CnEVPost.
US audit inspectors completed the first round of on-site inspections of Chinese companies ahead of schedule, signaling progress in the process of preventing the delisting of shares of US-listed Chinese companies, Bloomberg reported. For more articles, please visit CnEVPost.
Lack of consumer confidence and the Chinese New Year holiday will send China's auto sales down in January, an industry association said. The post Chinese consumers' demand for cars set to fall in Jan, industry body says appeared first on CnEVPost. For more articles, please visit CnEVPost.
The post Polestar 3 SUV officially unveiled, but prices may drive away Chinese consumers appeared first on CnEVPost. For more articles, please visit CnEVPost. The Polestar 3 costs twice as much in China as the NIO ES7 and about the same as the Porsche Taycan.
In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 The post Chinese EV trio's stocks fall in Hong Kong as overall market declines appeared first on CnEVPost. For more articles, please visit CnEVPost. percent and CATL up 4.86
The post Chinese consumers' answer to slow deliveries: Order them all and let EV makers compete for production appeared first on CnEVPost. For more articles, please visit CnEVPost. Whoever can be the first to schedule production for an order will win.
billion to form JV with Chinese firm Horizon Robotics appeared first on CnEVPost. For more articles, please visit CnEVPost. Volkswagen will take a 60 percent stake in the joint venture, and its software subsidiary Cariad will develop autonomous driving solutions with Horizon Robotics. The post VW to invest €2.4
The Biden administration has confirmed significant tariff increases on Chinese imports, including a 100% duty on electric vehicles, as part of an effort to protect U.S. industries from China's overproduction and state-driven subsidies. The tariffs aim to strengthen U.S. EV market from being overwhelmed.
The post VW reportedly to form €2 billion JV with Chinese firm Horizon Robotics appeared first on CnEVPost. For more articles, please visit CnEVPost. The joint venture will reportedly focus on developing self-driving technology and wireless connectivity software for Volkswagen.
The post Chinese Polestar 2 owner faces higher cost than new car in replacing damaged battery pack appeared first on CnEVPost. For more articles, please visit CnEVPost. A Polestar 2 owner was told it would cost RMB 540,000 ($79,200) to replace a damaged battery pack, 1.6 times the price of his vehicle.
The post Aiways, a Chinese EV startup more focused on overseas markets, launches its 2nd model in China appeared first on CnEVPost. For more articles, please visit CnEVPost. Aiways hasn't gained much of a presence in China, but its vehicles have made their way to a dozen other countries.
Some producers in a Chinese lithium-producing hub are shutting down production as lithium prices have seen a rare streak of several months of declines this year. Industrial-grade lithium carbonate fell RMB 6,000 per ton yesterday to an average price of RMB 189,000 per ton. For more articles, please visit CnEVPost.
The post Chinese BEV landscape explained in charts appeared first on CnEVPost. For more articles, please visit CnEVPost. These charts show the sales performance of BEV models in different price ranges in June.
The post Chinese self-driving chipmaker Horizon Robotics secures investment from Chery appeared first on CnEVPost. For more articles, please visit CnEVPost.
The post Chinese team develops EV powered solely by solar energy appeared first on CnEVPost. For more articles, please visit CnEVPost. The EV has 8.1 square meters of solar panels and generates a maximum of 7.6 kWh of electricity per day on a sunny day.
(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.
As a beneficiary of the current era and an industry leader, CATL has a responsibility to maintain a good industry ecology, not bully the weak, he said. The post Prominent Chinese economist bashes CATL, accuses battery giant of suppressing rivals and coercing EV makers appeared first on CnEVPost.
The post Chinese EV startup Niutron to refund all consumers in major setback to its car-making efforts appeared first on CnEVPost. For more articles, please visit CnEVPost. Niutron's first model, the Niutron NV, went on sale only on October 8 and had received 24,376 orders.
The post Chery sends 24,000 vehicles to 11 countries during Chinese New Year holiday appeared first on CnEVPost. For more articles, please visit CnEVPost. In 2022, 3.11 million vehicles were exported from China, of which Chery contributed 452,000, or 14.5
The post Nvidia offers A800 chip for Chinese customers as alternative to A100, report says appeared first on CnEVPost. For more articles, please visit CnEVPost. Nvidia said Monday it will launch the A800 chip in China, which complies with recent US export control regulations.
This is the biggest partnership so far reached by a new Chinese car maker overseas, local media said. The post Thai EV firm reportedly plans to buy 150,000 EVs from Chinese startup Aiways appeared first on CnEVPost. For more articles, please visit CnEVPost.
Over the past two years or so, not only Tesla but the entire Chinese NEV industry has grown tremendously, Grace Tao said. For more articles, please visit CnEVPost. The post Tesla VP says over 95% of Giga Shanghai's parts come from local suppliers appeared first on CnEVPost.
The post Chinese auto chip maker SemiDrive closes $140 million Series B+ financing appeared first on CnEVPost. For more articles, please visit CnEVPost. SemiDrive currently has four series of products with an annual output of one million chips.
A Chinese battery producer SVOLT has announced a major European expansion to help fuel the EV industry on the continent. But to achieve its monumental goal, its domestic automotive industry has been kicked into high gear, and one resource is needed above all the rest, batteries. What do you think of the article?
Shares of major Chinese electric vehicle (EV) makers have generally suffered a sell-off so far this year, as the sector's weak sales at the start of the year and recent widespread price wars have raised investor concerns. For more articles, please visit CnEVPost.
The post Southern Chinese city Sanya offers subsidies of up to $1,380 for battery swap-enabled models appeared first on CnEVPost. For more articles, please visit CnEVPost. From now until March 31, 2023, Sanya is offering additional subsidies for battery swap-enabled models.
The post Chinese appliance giant Haier reportedly to jump on car-making bandwagon appeared first on CnEVPost. For more articles, please visit CnEVPost. Haier's plans to build cars are now in the planning stages, and it will adopt a contract manufacturing model, according to local media.
For PHEVs, which have significantly smaller battery capacities, Chinese Internet users are debating whether owners should occupy highway charging piles during peak travel seasons. Chinese Internet users debate appeared first on CnEVPost. For more articles, please visit CnEVPost.
The post Chinese EV startup Niutron's first model launched with prices starting at $39,170 appeared first on CnEVPost. For more articles, please visit CnEVPost. The Niutron NV is available in all-electric and extended-range versions, with deliveries set to begin in December.
The post Chinese EV startup Niutron still hopes to start delivering vehicles next year appeared first on CnEVPost. For more articles, please visit CnEVPost. Niutron's founder is currently approaching new production partners in a bid to resolve production issues and hope to start deliveries in the first half of next year.
Hesai's US IPO raised about $190 million, making it the largest IPO of a Chinese company in the US in the past 18 months. The post Hesai debuts on Nasdaq, becoming 1st Chinese LiDAR maker to go public in US appeared first on CnEVPost. For more articles, please visit CnEVPost.
The post Mercedes-Benz allows Chinese EQS owners to upgrade their vehicles' rear-wheel steering system, but they need to subscribe on annual basis appeared first on CnEVPost. For more articles, please visit CnEVPost. Entry-level EQS owners can have their car's active rear-wheel steering angle increased from 4.5°
Three Chinese government departments announced in a joint statement that NEVs purchased between January 1, 2023 and December 31, 2023 will be exempt from purchase taxes. For more articles, please visit CnEVPost. The post China extends NEV purchase tax exemption until end of 2023 in official announcement appeared first on CnEVPost.
Auto dealers' sales pace was disrupted in January due to the impact of the Covid infection wave and the early timing of the Chinese New Year, the CPCA said. For more articles, please visit CnEVPost. The post China Jan passenger NEV retail sales expected to fall over 40% from Dec, CPCA says appeared first on CnEVPost.
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