Etiqueta: Seres

Tesla, BYD, NIO and XPeng are part of the Zacks top Analyst Blog.

Several major Chinese car companies saw big sales increases in May.

China’s Ministry of Industry and Information Technology has approved nine automakers including BYD and NIO for testing their automated driving technology on roads.

Leading manufacturers from BYD to Nio all reported strong sales growth in May

BYD has introduced two cutting-edge plug-in hybrid sedans that can cover over 1,300 miles without the need for refueling or recharging,

Chinese automaker BYD is rolling out cars capable of driving more than 1,300 miles without refueling or recharging, its latest effort to set itself apart from rivals in the world’s largest auto market.

Xpeng had 2,700 insurance registrations last week, Li Auto 7,060, Zeekr 5,000 and Xiaomi 1,670.

Some 117 new models were unveiled – out of 278 new energy vehicles on display. It comes as EVs now account for half of all car sales in China.

China's largest auto show opened in Beijing on Thursday with the biggest names showing off their latest electric vehicles (EVs), underlining how the world's largest auto market is already in an all-electric state of mind, and isn't looking back. Automakers are set to unveil 117 new models versus 93 at last year's show in Shanghai，while overall 278 new energy vehicles (NEVs) will go on display, seven more than last year, organisers said. The show, which runs through early next month, comes as NEV sales hit a milestone in early April, accounting for over 50% of cars sold in China, auto association data showed.

China's largest auto show showcases all-electric future, local brands dominate