Sales Target

BYD exec denies 2024 sales target raised to 4 million units

A BYD executive said the company's sales are doing well at the moment, but he hasn't heard that the sales target has been revised upward.

BYD raises 2024 sales target to 4 million units, analyst says

BYD has raised its annual sales target to 4 million units, Morgan Stanley analyst Tim Hsiao said in a research note citing comments from the NEV maker's management.

Nio aims to deliver 220,000 cars in 2024, including 20,000 for Onvo

Nio is aiming to deliver 220,000 vehicles in 2024, including 200,000 under the Nio main brand and 20,000 under its sub-brand Onvo, its president said.

Changan establishes German subsidiary as it targets 480,000 overseas sales in 2024

Changan's German subsidiary has been registered, marking another step in its "Vast Ocean" plan.

Xiaomi formally sets 2024 car delivery target of 120,000, reveals EV business financial performance for 1st time

In the second quarter of 2024, Xiaomi's innovative businesses, including smart EVs, generated total revenue of RMB 6.4 billion ($900 million), with a gross margin of 15.4 percent.

Li Auto further cuts 2024 sales target to around 480,000 units, report says

This is the second cut after Li Auto lowered its 2024 sales target from 800,000 units to 560,000-640,000 units.

Xiaomi raises SU7 delivery target from 100,000 to 120,000 units in 2024

Xiaomi EV will challenge a delivery target of 120,000 units for the full year 2024, implying a 20 percent increase from the previous target of 100,000 units.

Great Wall Motor delays target of 1 million annual overseas sales from 2025 to 2030

Great Wall Motor plans to achieve overseas sales of over 1 million units by 2030, with premium models accounting for more than 1/3 of the total, it said.

Xiaomi aims to deliver 100,000 SU7 EVs this year

As of April 20, locked-in orders for the Xiaomi SU7 have exceeded 70,000 units, Xiaomi founder Lei Jun said at an investor conference.

BYD targets 3.3 million sales for its Dynasty and Ocean series in 2024, report says

BYD's sales targets for the Dynasty series in 2024 are 1.7 million units and the Ocean series 1.6 million units, representing year-on-year growth of 13.9 percent and 15.7 percent, respectively, according to local media.