Etiqueta: NEV
BYD teases bold Ocean-M electric car powered by its new EV...

Another fully electric BYD vehicle is set to debut this week. Ahead of its official reveal, BYD is teasing the...
BYD names its 1st pickup truck model BYD Shark

BYD's first new-energy pickup truck is officially named BYD Shark, built on the DMO super hybrid off-road platform, the company said.
BYD launches updated Tang EV and Tang DM-p with lower prices

The updated Tang EV price has been reduced by RMB 30,000, and the Tang DM-p price by RMB 40,000.
China’s EV sales now over 50%
During April 1-14 sales of EV and PHEV in China were over 50% of all cars sales. China may well achieve over half for 2024.
The post China’s EV sales now over 50% appeared first on CarNewsChina.com.
Chinese NEV makers encouraged to develop oversea markets: MIIT

The Ministry of Industry and Information Technology, China's top industry regulator, said in an exclusive interview with China Daily that it will step up efforts to encourage Chinese new energy vehicle enterprises to accelerate overseas development, warning that the restrictive measures imposed by a "certain country and region" on Chinese electric cars will undermine interests of global consumers.
New car loan rules allow zero down payment, expected to boost...

To boost vehicle trade-ins, China’s financial regulators on Wednesday jointly announced the removal of a regulatory cap on loans for people who buy either internal-combustion engine cars or new-energy vehicles (NEVs) for their own use, giving financial institutions full discretionary power to determine the loan amounts.
China sales surge in December and 2023 – Just Auto

The domestic vehicle market was estimated to have expanded by just 6% to 25.18m units last year
Li Auto targets annual sales of at least 3 million vehicles...

Li Auto's management believes China's NEV penetration will reach 90 percent by 2028, when it will need to sell at least 3 million vehicles annually if it is to become one of the top five players, according to local media.