A view of a charging station that utilizes photovoltaic storage systems in Yiyuan county, Shandong province, in May 2023. ZHU ZHENG/XINHUA BEIJING – A record 4.397 million new energy vehicles (NEVs) were newly registered in China in the first half of the year (H1), bringing the total number of NEVs on the road to 24.72 … Continue reading China achieves record high new energy vehicle registrations in H1
Tag: cars
Policies to lift market demand by 1 trillion yuan
A man inspects a Honda Civic sedan at the old-for-new promotion event in Handan, Hebei province, in April. HU GAOLEI/FOR CHINA DAILY Automakers and local governments have introduced preferential policies and activities to help the trade-in of vehicles, which is expected to boost market demand by 1 trillion yuan ($138 billion), say industry experts. China rolled … Continue reading Policies to lift market demand by 1 trillion yuan
Mood toward NEV stocks brightens
A BYD Ocean-M electric car is displayed at the 2024 Auto China in Beijing on April 25, 2024. [Photo/VCG] Listed Chinese new energy vehicle makers can look forward to their stocks performing well in capital market on the back of their robust production and sales numbers, which will be further boosted by the country’s supportive … Continue reading Mood toward NEV stocks brightens
Ecarx unveils new smart car technology
Ecarx showcase cars featuring its technology on March 20 in Hangzhou, Zhejiang province. [Cao Yingying/China Daily] Nasdaq-listed chipmaker Ecarx revealed a suite of technological products and platforms at its second Tech Day on Wednesday in Hangzhou, Zhejiang province, aiming to assist automakers in producing more smart vehicles and support Chinese automakers in expanding overseas. The … Continue reading Ecarx unveils new smart car technology