EV Industry
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China NEV retail up 25% year-on-year to 1.07 million in Jun, preliminary CPCA data show
In June, China's passenger NEV retail sales totaled 1.071 million units, marking the second consecutive month above 1 million units.
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CPCA estimates China Jun NEV wholesale to grow 29% year-on-year to 1.26 million
In the first half of the year, China's NEV wholesale sales are estimated to reach 6.47 million units, up 38 percent year-on-year.
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Lexus breaks ground on EV plant in Shanghai, set to begin production in 2027
Lexus' EV plant in Shanghai is expected to be completed in August 2026 and begin production in 2027, with an annual production capacity of 100,000 cars.
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SAIC's new car carrier joins fleet, bringing total to 37
Anji Commonality becomes SAIC's 37th car carrier and will head to Europe on its maiden voyage.
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China NEV retail at 691,000 in Jun 1-22, up 38% year-on-year
The penetration rate of NEVs in retail sales was 54.5 percent from June 1 to 22, and 50.06 percent year-to-date.
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China sees 33% drop in car imports in Jan-May, with US cars plummeting 48%
In January-May, China imported 180,000 cars, down 33 percent year-on-year, marking a rare sharp decline for January-May in recent years.
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Buick launches updated Electra E5 electric SUV in China, promising zero self-ignition
The updated Electra E5 has a starting price of RMB 169,900 ($23,640), and Buick promises zero self-ignition for the model.
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China NEV retail at 402,000 in Jun 1-15, up 38% year-on-year
The penetration rate of NEVs in retail sales was 57 percent from June 1 to 15, and 49.98 percent year-to-date.
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IM Motors launches updated LS7 SUV with starting price of $47,310
The updated IM LS7 is 5,049 mm long and can accelerate from 0 to 100 km/h in 3.9 seconds.
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SAIC adds new 9,500-car cargo ship, bringing its fleet to 36 car carriers
Anji Soundness began its maiden voyage today and will sail to Europe after loading vehicles at Chinese ports.
