MKBHD reviewed the SU7
New Energy Vehicles (NEVs) in China
- Thread starter supercat
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Kargobot is a startup incubated by Didi. They are going for eventually a "transport robot" that does not have driver cab and is fully autonomous. until then, it already saves money with hybrid setup in use in the coal mining district.
Earlier this year, I speculated whether China would see NEV penetration rate cross 60% on a monthly basis in 2025. Unless December surprises us, this does not seem likely.
There will be some mild subsidy cuts after 2026/01/01, so we may need to wait a bit longer. Still, given the huge size of China, it's obviously still incredible how fast this has taken.
There will be some mild subsidy cuts after 2026/01/01, so we may need to wait a bit longer. Still, given the huge size of China, it's obviously still incredible how fast this has taken.
Lethe
Captain
Earlier this year, I speculated whether China would see NEV penetration rate cross 60% on a monthly basis in 2025. Unless December surprises us, this does not seem likely.
There will be some mild subsidy cuts after 2026/01/01, so we may need to wait a bit longer. Still, given the huge size of China, it's obviously still incredible how fast this has taken.
Why does the proportion of NEV sales vary throughout the year? Is it a private vs. commercial buyer thing?
supercat
Colonel
Geely EX5 has independent four-wheel 90-degree steering as an option for the Chinese market.
Geely opened the world's largest auto safety research center, especially for electric vehicles.
CAAM predicts a banner year for China's auto industry.
A German state-owed company plans to acquire 700 BYD electric buses. Not surprisingly, German unions are unhappy.
Geely opened the world's largest auto safety research center, especially for electric vehicles.
CAAM predicts a banner year for China's auto industry.
A German state-owed company plans to acquire 700 BYD electric buses. Not surprisingly, German unions are unhappy.
CPCA: Passenger Vehicle Retail Sales Hit 297,000 Units from December 1-7, with New Energy Penetration Rate at 62.2%
The China Passenger Car Association (CPCA) released the latest sales figures. From December 1 to 7, retail sales of passenger vehicles nationwide reached 297,000 units, down 32% year-on-year compared to the same period in December last year and down 8% month-on-month. Year-to-date cumulative retail sales stand at 21.781 million units, representing a 5% increase compared to the same period last year.
From December 1 to 7, the retail penetration rate of new energy vehicles in the national passenger vehicle market reached 62.2%; the wholesale penetration rate of new energy vehicles among national passenger vehicle manufacturers stood at 64.3%. During the first week of December, China produced 212,000 pure-fuel light-duty vehicles, down 27% year-on-year and 18% month-on-month. Hybrid and plug-in hybrid production totaled 140,000 units during the same period, declining 10% year-on-year and 2% month-on-month.
The China Passenger Car Association (CPCA) released the latest sales figures. From December 1 to 7, retail sales of passenger vehicles nationwide reached 297,000 units, down 32% year-on-year compared to the same period in December last year and down 8% month-on-month. Year-to-date cumulative retail sales stand at 21.781 million units, representing a 5% increase compared to the same period last year.
From December 1 to 7, the retail penetration rate of new energy vehicles in the national passenger vehicle market reached 62.2%; the wholesale penetration rate of new energy vehicles among national passenger vehicle manufacturers stood at 64.3%. During the first week of December, China produced 212,000 pure-fuel light-duty vehicles, down 27% year-on-year and 18% month-on-month. Hybrid and plug-in hybrid production totaled 140,000 units during the same period, declining 10% year-on-year and 2% month-on-month.
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