As of the end of June 2024, China's BEV ownership amounted to 18.134 million vehicles, accounting for 73.35 percent of the total NEVs.
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First Denza for Europe is Z9 GT. Also Fangchengbao Bao 5 will be a Denza in EU. Denza Z9 GT in China has two fridge problem.
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Chinese cars are capturing a significant market share and outpacing Korean and Japanese competitors.
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Retail sales of BEVs in June were 493,000 units, down 0.5 percent from May, while PHEVs were 363,000 units, up 17.4 percent from May.
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Tesla sold 59,261 vehicles in China in June, down 20.15 percent year-on-year but up 7.33 percent from May.
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The Li L7 was a model that was almost canceled during development, Li Auto CEO mentioned last year.
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The head of Xpeng's automotive technology center, Jiao Qingchun, was the project leader for Xpeng's new H platform, of which the X9 MPV is the first model.
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