China's Auto Industry Breaks 30 Million Vehicle Milestone in 2023 and expected 31 Million 2024

China's Auto Industry Breaks 30 Million Vehicle Milestone in 2023 and expected 31 Million 2024

The Chinese automotive industry has achieved a historic milestone, with both production and sales surpassing 30 million units for the first time in 2023. According to the China Association of Automobile Manufacturers (CAAM), total vehicle production.....

China's NEV Ownership Surges to 24.72 Million by Mid-2024

China's NEV Ownership Surges to 24.72 Million by Mid-2024

As of June 2024, China's new energy vehicle (NEV) ownership has reached 24.72 million, marking a significant rise from 20.41 million at the end of 2023. This growth reflects the expanding market for NEVs, which now make up 7.18% of the total 440 mil.....

In the final battle with the Japanese vehicles, China invests 6 billion yuan

In the final battle with the Japanese vehicles, China invests 6 billion yuan

China plans to invest approximately 6 billion yuan in the research and development of all solid state batteries, a major investment that will support six companies including CATL, BYD, FAW, SAIC, Weilan New Energy, and Geely. Although 6 billion yuan.....

BYD Qin L DM-i and Seal 06 DM-i officially launched

BYD Qin L DM-i and Seal 06 DM-i officially launched

The two models are sold on BYD's Dynasty Network and Ocean Network respectively, filling BYD's product gap in the 100000 to 150000 yuan market. In the future, these two new cars will compete with joint venture B-class cars such as the Toyota Camry,.....

2023 Global Automotive Export Countries Ranking

2023 Global Automotive Export Countries Ranking

According to data from the General Administration of Customs of China, China's automobile exports in 2023 were 5.171 million vehicles, a year-on-year increase of 59.5%, surpassing Japan for the first time and becoming the world's largest automobile.....

Western Firms on Edge as China's EV Industry Speeds Up

Western Firms on Edge as China's EV Industry Speeds Up

Chinese electric vehicles (EVs) are not only setting new standards for speed, but are also rapidly gaining popularity worldwide. The streets of China are already filled with EVs, and if Chinese manufacturers have their way, the streets of America and Euro.....

KAIYI Cowin i-EA Targeting the Entry-Level Electric Vehicle Market

KAIYI Cowin i-EA Targeting the Entry-Level Electric Vehicle Market

Recently, Cowin(KAIYI) Automobile officially released two microcars, the i-EA 01 and the five-door i-EA 02, which are expected to hit the market in the first quarter of 2023. As part of KAIYI's entry-level electric vehicle series, the i-EA, these tw.....

BYD Launches 2023 Song Plus at Lower Prices Than Pre-Sale

BYD Launches 2023 Song Plus at Lower Prices Than Pre-Sale

BYD has officially launched the 2023 Song Plus line of SUVs, following a pre-sale launch ten days ago. As before, BYD referred to these improved models as the Champion Edition, including the plug-in hybrid Song Plus DM-i and the all electric Song Plu.....

Former Lexus Executive Joins ZEEKR To Oversee European Expansion

Former Lexus Executive Joins ZEEKR To Oversee European Expansion

Chinese car brand ZEEKR has hired Spiros Fotinos, a former Lexus executive, to run the company's operations in Europe, where the electric car maker owned by Geely plans to enter the market later this year, foreign media reported......

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Notes:The cars will be shipped from China within 3-7 days.