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NEV Sales Growth Ahead for China: CAAM
The latest industry data have pointed to a continued rapid growth trend in the production and sales of new energy vehicles in China for May.
China NEV Retail at 180,000 in Jun 1-10, Down 11% From Same Period Last Month
China's NEV penetration at retail was 50 percent in June 1-10, and 40.74 percent year-to-date. The post China NEV retail at 180,000 in Jun 1-10, down 11% from same period last month appeared first on CnEVPost. For more articles, please visit CnEVPost.
Geely's Proton Unveils Malaysia's First Local Electric Car
Proton Holdings Bhd., the Malaysian carmaker backed by China’s Geely Automobile Holdings Ltd., has unveiled the Southeast Asian country’s first homemade electric vehicle brand.
Automakers' Share of China NEV Market in May: BYD Tops With 33.4%, Tesla 3rd With 6.9%
In the January-May period, BYD was No. 1 in China's NEV market with a 34.0 percent share, while Tesla was No. 3 with 6.7 percent. The post Automakers' share of China NEV market in May: BYD tops with 33.4%, Tesla 3rd with 6.9% appeared first on CnEVPost. For more articles, please visit CnEVPost.
Geely Auto (00175) surged more than 4% in Hong Kong stocks, and the delivery volume of JiKe Q1 increased by 117%. Institutions said that the potential impact of tariffs from the European Union is controllable.
Geely Auto (00175) has risen by over 4% according to the latest news on the WiseFinance app. As of the publication of this article, it has risen by 3.48% to HKD 9.21 with a trading volume of HKD 157 million. In terms of news, Ji Ke recently announced a first-quarter revenue of CNY 14.737 billion, a year-on-year increase of 71%; of which, the operating income from vehicle sales was CNY 8.174 billion, a year-on-year increase of 73%; the gross margin on vehicles was 14%, an increase of 3.9 percentage points from last year. Data shows that Ji Ke delivered approximately 33,100 vehicles in the first quarter of this year, a year-on-year increase of 117%. In the first five months of this year, Ji Ke sold approximately 68,000 vehicles, of which 4 ...
EU to Slap Further Tariffs on Chinese EVs Following Anti-Subsidy Probe
The European Commission will impose additional tariffs of as high as 38.1% on Chinese electric vehicles following an anti-subsidy investigation, according to a decision by the commission released Wedn