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China's NEV Retail at 490,000 in Mar 1-24, up 84% From Same Period Last Month
China's retail penetration of NEVs was 47.67 percent in the March 1-24 period. The post China's NEV retail at 490,000 in Mar 1-24, up 84% from same period last month appeared first on CnEVPost. For more articles, please visit CnEVPost.
Market Chatter: GAC-Backed Hycan Requires Staff to Sell Cars
Hycan Automobile Group, a new energy vehicle brand backed by Guangzhou Automobile Group (SHA:601238, HKG:2238) or GAC, has implemented a controversial new policy requiring all employees to contribute
GAC Aion Starts Hyper HT Electric SUV Pre-sales in Thailand
Hyper said it plans to build 15 charging stations in Thailand this year and 100 fast-charging stations by 2028. The post GAC Aion starts Hyper HT electric SUV pre-sales in Thailand appeared first on CnEVPost. For more articles, please visit CnEVPost.
China EV Sales for Week Ending Mar 24: Nio 3,000, Xpeng 2,500, Li Auto 7,000, Tesla 13,700
Tesla Model Y sales in China last week were 10,800, Li Mega 1,000 and Xpeng X9 at 800 units.
Open Source Securities: Subsequent sales growth in the passenger car market can be expected under multiple catalytic factors
Subsequent sales growth in the passenger car market can be expected due to multiple factors such as the introduction of trade-in policies, the continuous release of new models, the holding of offline events such as auto shows, and the wave of price reductions that is expected to stabilize.
While Individual Investors Own 32% of Guangzhou Automobile Group Co., Ltd. (HKG:2238), Private Companies Are Its Largest Shareholders With 54% Ownership
Key Insights Significant control over Guangzhou Automobile Group by private companies implies that the general public has more power to influence management and governance-related decisions Guangzho
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