BYD’s electric models attract visitors at a new energy auto expo in Beijing. [Photo by A QING / FOR CHINA DAILY] BEIJING — Sales of Chinese-brand passenger vehicles jumped 37.6 percent year-on-year in May, industry data shows. About 1.1 million domestic-brand passenger vehicles were sold in China last month, accounting for 53.6 percent of all… Continue reading Chinese-brand passenger car sales up 37.6% in May
Author: China Daily Online News
China’s auto exports expand in May
Vehicles from Chinese brands wait to be exported from a port in Suzhou, Jiangsu province. [Photo provided to China Daily] BEIJING — China’s automobile exports maintained growth momentum in May, industry data showed Friday. A total of 389,000 vehicles were exported last month, surging 58.7 percent year-on-year, data from the China Association of Automobile Manufacturers… Continue reading China’s auto exports expand in May
China’s NEV sales surge 60.2% in May
A new energy vehicle on display at a department store in Yantai, Shandong province. [PHOTO by TANG KE/FOR CHINA DAILY] BEIJING — China’s new energy vehicle sales expanded 60.2 percent year-on-year to 717,000 units in May, data from the China Association of Automobile Manufacturers showed Friday. NEV sales in the first five months of 2023… Continue reading China’s NEV sales surge 60.2% in May
Tesla Shanghai records soaring delivery volume in May
Employees work at the Tesla Gigafactory in Shanghai. [Photo/Xinhua] SHANGHAI – Tesla’s Shanghai plant delivered 77,695 vehicles in May, soaring 142 percent year-on-year, said the company. Tesla CEO Elon Musk paid a visit to the Tesla Shanghai Gigafactory earlier this month during his trip to China, and lauded the plant for its production efficiency and… Continue reading Tesla Shanghai records soaring delivery volume in May
China’s NEV sales surge 82% in May
An IM LS7 is displayed at the 20th Shanghai International Automobile Industry Exhibition in Shanghai, East China, April 24, 2023. [Photo/Xinhua] BEIJING — Retail sales of new energy vehicles (NEVs) in China jumped 82 percent year on year in May, latest data from the China Passenger Car Association (CPCA) showed. A total of 483,000 NEVs… Continue reading China’s NEV sales surge 82% in May
Policy on purchase tax of NEV to optimize
A BYD car rolls off the production line in Hefei, Anhui province, on June 30, 2022. [Photo/VCG] China will extend and optimize the policy to reduce or waive purchase taxes on new energy vehicles amid efforts to promote high-quality development of the NEV industry and tap greater consumption potential, according to decisions made at a… Continue reading Policy on purchase tax of NEV to optimize
Musk expresses confidence in Chinese market
Tesla Chief Executive Officer Elon Musk poses for a group photo at the Shanghai Gigafactory of the US electric vehicle maker in Shanghai, in this handout image released on June 1, 2023. [Photo/Agencies] Tesla CEO Elon Musk expressed his confidence in the Chinese market during his two-day visit to China from May 30-31, China Media… Continue reading Musk expresses confidence in Chinese market
Elon Musk visits Tesla Shanghai Gigafactory
Tesla Chief Executive Officer Elon Musk poses for a group photo at the Shanghai Gigafactory of the US electric vehicle maker in Shanghai, in this handout image released on June 1, 2023. [Photo/Agencies] SHANGHAI — Tesla CEO Elon Musk paid an early morning visit to the Tesla Shanghai Gigafactory on Thursday during his trip in… Continue reading Elon Musk visits Tesla Shanghai Gigafactory
Carmakers urged to improve NEV quality
An employee works on an electric vehicle assembly line in Ningde, Fujian province, in August. [Photo/Xinhua] The number of NEV-related problems has increased, according to a J.D. Power study released on Thursday. There are 173 problems per 100 NEV vehicles this year, an increase of 22 problems compared with 2022, according to the J.D. Power… Continue reading Carmakers urged to improve NEV quality
FF’s first model hits market in US, China
The FF91 2.0 Futurist Alliance. [Photo provided to chinadaily.com.cn] Faraday Future, established by Leshi Holding founder Jia Yueting, launched its first production model on Wednesday, which is now available in the United States and China. The FF 91 2.0 Futurist Alliance, priced at $309,000, is limited to 300 units globally, said the California-based EV maker.… Continue reading FF’s first model hits market in US, China