Etiqueta: Sales

BEIJING — China’s auto exports last year surged 57.9% from a year prior to 4.91 million units, according to the China Association of Automobile Manufacturers. Those figures likely put China ahead of Japan, making it the world’s largest auto exporter for the first time.

China's vehicle industry reached milestones in 2023, with record production and sales, according to industry data released on Thursday, paving the way for the country to potentially become the world's largest car exporter.

EV maker targets commercial segment as rivals aim for corporate use

Analysts suggest there could be unintended consequences for Canada setting EV sales regulations and that China and its auto manufacturing base could come out the winner, all at the expense of Canada's auto industry.

Beijing has gone “all in” on electric cars—rattling Washington and Brussels.

China's revised taxation policy for the purchase of new energy vehicles (NEVs) has come into effect from the start of this year. The current taxation scheme has replaced the NEV tax exemption policy that spared NEV buyers from paying any purchase tax (barring certain ultra-luxury vehicles), which was in place for about a decade.

BYD's fourth-quarter deliveries came in well above what Tesla is expected to report on Tuesday.

Simply put, consumers who buy NEVs with an invoice amount exceeding RMB 339,000 are required to pay purchase tax. Models that support battery swap get preferential treatment.

Xiaomi has not yet said how much the SU7, which stands for Speed Ultra, will cost. Read more at straitstimes.com.

SHENZHEN, China, December 26, 2023--As a luxury new energy brand co-created by BYD, a leader in new energy vehicles, and Mercedes-Benz, the inventor of the gasoline car, DENZA has globalization in its DNA. Not only are all its products designed for a global audience, but it also aspires to be a leading global new energy luxury car brand. Guided by a global strategy, DENZA actively embraces and implements the "Belt and Road" initiative, building a global brand image, honing its internal strengths