China’s July retail sales of NEVs expected to be around 450,000 units, CPCA says
EV makers including Nio, Tesla and GAC Aion have further increased capacity and are expected to see increased production in the second half of…
Li Auto to launch L9 on June 21, CEO expects over 10,000 deliveries in September
Li Auto has produced thousands of L9 SUVs, which will be shipped to all its stores in July and deliveries will begin in August.
World to see no new ICE vehicle sales by 2035 at latest, says CATL exec
"The trend is already happening," said Ni Jun, CATL's chief manufacturing officer.
China’s passenger car retail sales expected to fall 19% year-on-year in May, CPCA says
Although some companies in Shanghai and surrounding cities are starting to resume production, it will be difficult to return to normal levels…
CATL expects its battery capacity to reach over 670 GWh by 2025
Looking at future capacity demand and the company's current capacity profile, it has a capacity gap of no less than 390 GWh by 2025, CATL said.
Analysts expect BYD sales growth to be more significant in H2
BYD has bucked the trend of record high sales under heavy pressure, continuing to validate the advantage of having core components supplied by…
Covid’s impact on China’s auto industry expected to continue into May and result in 20-40% production loss, CPCA says
In the first two weeks of April, Chinese passenger vehicle wholesale sales averaged 24,000 units per day, down 44 percent year-on-year and…
LFP batteries expected to have over 60% global share by 2024, report says
The last two years of global battery cathode material industry capacity planning shows that the expansion scale and speed of LFP materials…
China’s power battery recycling market size projected to reach $4.1 billion by 2025
The amount of retired power batteries in China is going up year by year, with the scrap volume expected to exceed 18 GWh in 2021 and reach 91…
SAIC Audi exec expects 40% of luxury car market to be EVs by 2025
Audi believes that by 2030, sales of EVs could reach 2 million units in the high-end luxury car market.