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Chery's NEV unit cuts vehicle prices by up to 10%

CN EV Post

In January-February, Chery's NEV sales were 13,293 units, down 57.6 Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. For Chery, its performance at the beginning of the year was weak.

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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

Green Car Congress

China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. Sales of domestic sedans hit 2.22

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China Needs More Ships to Handle Its Rapidly Growing EV Exports

The Truth About Cars

The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force. China had long been a sort of a sleeping giant in the world economy, though it hasn’t been so sleepy over the last few decades.

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Here’s what to know about Europe’s new vote on Chinese tariffs

Baua Electric

It’s official: The European Union is moving ahead with increased tariffs on Chinese-made EVs to as much as 45.3% – in an effort to save its auto industry from total demise. Subsidized solar panels have also wiped out European solar producers , and European governments are hoping the auto industry can avoid the same fate.

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Ford reorganizes Asia Pacific markets; establishes stand-alone China business

Green Car Congress

Chen, a seasoned, highly qualified 25-year auto industry veteran, returns to Ford as president and CEO of Ford China, effective November 1. Prior to this position, Chen served as CEO, Chery Automobile, Ltd. and Chairman of the Board of Directors, Chery Jaguar Land Rover, Automotive, China.

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China Car Sales Likely Hit New Record in April

Green Car Congress

Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 Official figures for vehicle production and sales are scheduled for release next Monday. Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry.

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Full CPCA rankings: Top-selling models and automakers in China in Feb

CN EV Post

The China Passenger Car Association (CPCA) announced on March 9 the top selling models and car companies in China in February, presenting a panoramic view of the Chinese auto industry. 13 Geely Panda Mini 6,661 NA NA 14 BMW 3 Series BEV 6,600 NA NA 15 Chery QQ Ice Cream 5,870 16,426 -64.3% 7 Li Auto 16,620 8,414 97.5%

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