For the full year of 2024, China's NEV sales amounted to 12.866 million units, contributing 40.9 percent of the total vehicle sales of 31.436 million units.
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Category: Industry News
Shenzhen produced 2,935,300 NEVs in 2024, a local official said.
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Great Wall Motor has created a new business unit to target the ultra-luxury market, and its chairman Wei Jianjun will also be chairman of a new brand.
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China's retail penetration of NEVs stood at 49.4 percent in December, marking the fourth consecutive month of decline and the first time since June that the penetration rate has fallen below 50 percent.
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Production of the all-electric Mercedes-Benz CLA in China has been delayed to August from the originally planned April due to issues with software development, according to local media.
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China's NEV retail penetration was 52.6 percent in December and 47.97 percent in 2024, according to preliminary CPCA data.
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Hesai has unveiled the AT1440, which it said has the world's highest number of channels for an automotive LiDAR, with a resolution more than 30 times higher than mainstream automotive LiDARs.
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The Tiangong 08 is available in single-motor and dual-motor options with a CLTC range of 520 km to 730 km.
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RoboSense unveiled its new EM4 LiDAR with up to 1,080 laser channels, calling it the world's first LiDAR with more than 1,000 channels.
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China's auto market saw 227 models with price cuts in 2024, more than 148 in 2023 and significantly higher than 95 in 2022, according to CPCA secretary-general.
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