Local Electric Vehicle Subsidies: Policy Benefits Continue to Drive Increased Subsidy Issuance Release Date: April 3, 2025 - China Automotive News By: Yin Jian Guo As the demand for electric vehicles (EVs) continues to rise, the government has announced new measures to support…
The global sales of plug-in hybrid electric vehicles (PHEVs) have surpassed those of traditional hybrid electric vehicles (HEVs) for the first time. In 2024, PHEV sales reached 6.78 million units, marking a remarkable year-on-year growth of 58%. In contrast, HEV sales only…
On April 1, the China Automobile Circulation Association and Jingzhen Estimate jointly released the March 2025 China Car Retention Rate Research Report. The report states that the rise in used car prices is a favorable factor for the automotive market in the first half of the…
The new energy vehicle market is changing dramatically! According to a recent analysis, battery electric vehicles (BEVs) are poised to become the mainstream in the future. As of April 1, 2025, there is a notable surge in the adoption of electric vehicles, particularly battery…
China's New Energy Vehicle (NEV) Industry Continues to Thrive As of March 31, 2025, China is expected to produce approximately 1.77 million new energy vehicles, marking a significant increase of 24% compared to the previous year. The United States will see its NEV sales…
New Energy Vehicles See Rapid Growth As the automotive market continues to expand, the new energy vehicle (NEV) sector is experiencing significant momentum. In the first couple of months of 2025, sales of new energy vehicles reached 1.903 million units and 1.835 million units,…
Electric Vehicle Pricing Trends: The Rise of New Energy Cars As the automotive market shifts towards electrification, the price of electric vehicles (EVs) is becoming a critical topic of discussion. Currently, the price of a mid-range electric car averages around 160,000 RMB,…
BYD Reports Record Profit Over 40 Billion Yuan! The company has unveiled its strongest financial report to date, showcasing an impressive global sales figure of 4.27 million vehicles, alongside a remarkable 72% growth in overseas markets. On March 24, BYD Company Limited…
The White House denies '90-day tariff pause'; CATL responds to NIO…
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