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China’s Imported Car Market Data Analysis Report
2023-08-03
Trade News
Customs import volume: (1) Supply: After three years of decline, automobile imports will decline slightly in 2022 and accelerate in 2023, entering the period of "destocking". From January to June, 346,000 vehicles were imported, a decrease of 22.4%; the import value reached 150.07 billion yuan, a year-on-year decrease of 17.5%.…
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New Energy Vehicle Retail Market in China Surges by 33% YoY, Selling 647,000 Units in July: Passenger Car Market Joint Meeting
2023-08-03
Car News
According to preliminary statistics from the Passenger Federation, China's passenger car market witnessed a retail decrease of 5% year-on-year in July, with a total of 1.734 million units sold. Additionally, there was an 8% decline in sales compared to the previous month. However, the new energy vehicle (NEV) market continued…
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BYD Unveils Compact EV Dolphin in Malaysia: New Energy Vehicle Giant’s Latest Launch
2023-08-03
Car News
BYD has officially introduced its compact electric vehicle (EV) Dolphin to the Malaysian market, marking its second model in the country following the Atto 3. Collaborating with Malaysian distributor Sime Darby Motors, the Dolphin was unveiled at a special event on July 27, as announced in BYD's press release. The…
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Li Auto Launches Li L9 Pro: Lidar-Free, $4,200 Cheaper, Deliveries Starting This Month
2023-08-03
Car News
Li Auto (NASDAQ: LI) has unveiled the latest addition to its lineup, the Li L9 Pro, featuring advanced AD Pro assisted driving and a Lidar-free design. By replacing the LiDAR technology with the locally-developed Journey 5 chip from Horizon Robotics, the Li L9 Pro offers a more affordable option, starting…
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Record-Breaking July 2023: XPeng EV Sales Surpass Five Digits
2023-08-02
Car News
In July 2023, XPeng, the Chinese EV startup, achieved an impressive milestone by delivering 11,008 electric vehicles globally. Although this represents a 4.5 percent decrease compared to the previous year, it marks the sixth consecutive month of month-over-month improvement and the first time crossing the five-digit mark since December 2022.…
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Expanding Horizons: Nio Establishes 9 New Showrooms and 98 Swap Stations in July
2023-08-02
Car News
As of July 31, Nio, the renowned electric vehicle (EV) manufacturer listed on the NYSE as NIO, showcased remarkable progress in its global expansion efforts. The company recorded 130 Nio Houses and 282 Nio Spaces worldwide, establishing a strong presence in key markets. [caption id="attachment_4841" align="aligncenter" width="1206"] (Image:NIO Delivery Center)[/caption]…
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