Etiqueta: Sales
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 eases car loan policy for first time since 2018 to...
Chinese Car Loan Policy: Financial institutions can independently determine the lowest payments they will accept on personal auto loans for gasoline-engine cars and new energy vehicles (NEVs), the central bank said in a statement released jointly with the National Financial Regulatory Administration (NFRA).
German car industry calls for European policy to counter US subsidies
Car lobby chief floats creation of EU agency focusing on supply of raw materials
Li Auto surpasses 700,000 cumulative sales
Li Auto becomes the first Chinese EV startup to sell more than 700,000 cars cumulatively. The brand aims for sales this year of 800,000 alone.
The post Li Auto surpasses 700,000 cumulative sales appeared first on CarNewsChina.com.
First time getting up close with the AITO M9 too. Interesting...
First time getting up close with the AITO M9 too. Interesting car, not least the very much in your face (in the 2nd row) projector screen, which is like sitting right in front of the TV. Can see why it's taking a few sales from the Li Auto bunch. Would like to drive it though. pic.twitter.com/hAvix0qZUi
— Inside China Auto (@InsideChinaAuto) March 31, 2024
Chinese company Xiaomi releases first electric vehicle
Xiaomi is pushing into the overseas market by selling lower-priced models of their new electric vehicle. The US and EU have launched investigations into the Chinese EV industry.
Chinese EV giant BYD announces record annual profit for 2023
Chinese battery and automotive giant BYD achieved a record profit in 2023, annual results showed Tuesday, despite fierce competition in the country as demand for electric vehicles grows.
BYD Rolls Out Its 7 Millionth New Energy Vehicle
BYD announced rolling out 6 million cars in November 2023, and now the brand has swiftly produced another 1 million cars in just over three months.
Chinese EV makers challenging market leaders at auto show in Bangkok
Chinese electric vehicle makers are showcasing their latest models, including a flying car, as they take on global rivals at the Bangkok International Motor Show.
