Retail sales of all passenger cars in China totaled 1.11 million units in the November 1-17 period, up 30 percent from a year earlier and up 3 percent from a month earlier.
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Category: Industry News
Global public EV charging pile deployment is constrained by land availability and grid planning, compounded by slowing NEV market growth, TrendForce said.
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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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Domestic NEV sales stood at 1.3 million units in October, marking the second consecutive month of record highs.
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Volkswagen Anhui will use the CEA architecture, a collaboration with Xpeng, for future models due to poor sales of the ID.UNYX, which went on sale in July, according to local media.
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Retail sales of NEVs in China reached a record high in October, but NEV penetration declined slightly due to faster growth in gasoline vehicle sales.
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Audi has launched the “AUDI” brand in China, with a logo featuring a combination of “AUDI” letters, in a bid to utilize China's supply chain to create EV models that cater to local consumer preferences.
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Avatr has opened its first showroom in Thailand and delivered the Avatr 11 SUV to its first over 100 local customers.
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China's NEV penetration at retail stood at 54.38 percent in October and 46.92 percent year-to-date, according to preliminary CPCA data.
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As of now, all provinces in China have implemented the car replacement subsidy policy and brought a new wave of growth momentum to the automative market, the CPCA said.
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