March's performance ended the previous two months of sequential declines, as the slow season for Chinese auto sales at the beginning of the year winds down.
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Category: China NEV export
China's BEV sales in February totaled 544,000 units, up 85.1 percent year-on-year but down 5.2 percent from January.
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China's January NEV exports totaled 150,000 units, marking the second consecutive month of record highs, boosted by higher BEV exports.
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Greenland aims to achieve annual exports of 100,000 NEVs over the next three years.
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China's export growth for BEVs is expected to slow to 9 percent this year, with its contribution to passenger car exports falling to 19.0 percent in 2024 from 22.5 percent in 2023, Canalys said.
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Xpeng had overseas sales of 1,783 units, Nio 388 units and Leapmotor 271 units in the first quarter.
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China's new energy industry provides high-quality production capacity that enriches global supply and eases global inflationary pressures, and the world needs more of such high-quality production capacity, the People's Daily […]
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Newrizon, founded by a former Nio senior vice president, announced in February 2023 that it had secured more than RMB 100 million in Series B+ funding from Nio Capital.
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MG, Tesla, and BYD were the brands that exported the most NEVs from China in the first half of the year, contributing 25.3 percent, 22 percent, and 15.4 percent, respectively.
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NEVs exported from China amounted to 800,000 units in the first half of the year, up 105 percent year-on-year.
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