New Energy Vehicles (NEVs) in China

Rumours going on that BYD orders exceeded 110k in the past week, at this pace BYD has a pretty good chance of hitting 4 million sales for 2024

They have a good chance of hitting 4 million sales, but the issue isn't order book itself, but rather production at this point. They have been destocking big time because registrations are significantly higher than reported sales number.

anyhow,

they managed to sell ETH8 to Ceva Logistics. Hopefully, this is first of many orders

This week's registration numbers. Nothing too surprising in there. Auto sales are up.

NIO launched Onvo L60 at pretty good pricing


according to Carfans, this is getting a lot of orders already