Etiqueta: Changan

Chinese companies entering Thailand are increasing rapidly. In addition to large car companies such as BYD and Changan Automobile, home appliance and electronic component companies are also establishing bases.

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Plugin vehicles in China once again ended the year with a record month, growing by 46% year over year (YoY) in the last month of the year to a record 1,379,000 units. Full electrics ... [continued]

China’s EV market hit its best-ever volume in November 2024. PHEVs and BYD played large parts in this new record.

Plug-in hybrid (PHEV) registrations continue to improve rapidly in China, thanks to domestic carmaker BYD.

The number of electric vehicles (EVs) produced by Chinese new-energy vehicle (NEV) maker BYD surpassed that of US automaker Tesla in 2024, while in terms of EV sales, BYD's gap with Tesla narrowed to within 30,000 units last year, according to freshly-released financial statements by the two companies. The new trend speaks volume for the growing competitiveness of Chinese NEV and its popularity in global markets, which is bolstered by technological advancement and across-the-supply-chain advantage, auto analysts said.

December once again boasted the strongest month on record with some dizzying figures from automakers, as China’s car retailing maintained its growth trajectory in the past six months.

The “four rings” turns to “four letters” in China—a choice that also signals deeper shifts in the global auto market, where Chinese automakers now dominate.