Cui Dongshu: In November, the retail sales of Electric Vehicles increased nearly 50% year-on-year, with strong growth momentum continuing.

In 2024, there will be intense changes in the domestic New energy Fund landscape, with the leading effects of traditional car manufacturers such as BYD, Geely, and Chery becoming increasingly evident, while the lower to mid-range segments remain relatively strong.

Zhitong FinanceJan 7 00:47 ET

In 2024, the seventh batch of Electric Vehicles exempt from vehicle purchase tax has been announced. Cui Dongshu: There are a variety of products with high energy density in Batteries.

In 2024, there are a total of 20,085 models of Electric Vehicles in the tax exemption directory. Due to the large number in the first batch, the quantity of Electric Vehicles in the directory is relatively higher than the normal levels in recent years.

Zhitong FinanceJan 7 00:41 ET

According to the China Association of Automobile Manufacturers, the total import and export value of Autos commodities in November 2024 is 24.67 billion USD, a decrease of 5.5% year-on-year.

According to the data compiled by the China Association of Automobile Manufacturers from the General Administration of Customs, in November 2024, the total import and export value of Autos commodities was 24.67 billion USD, a month-on-month decrease of 2% and a year-on-year decrease of 5.5%.

Zhitong FinanceJan 6 17:31 ET

Leapmotor Launches New C16 SUV Variants With Longer Range

CnEVPostJan 5 22:54 ET

[Brokerage Focus] CMB International anticipates that the price war among automotive companies will continue to spread until 2025.

Jinwu Financial News | According to estimates from the bank, the average discount in the entire industry in December expanded by 0.6 percentage points month-on-month, mainly driven by Chinese automotive companies such as BYD, Leap Motor, and Changan. Considering the improvement in scale effects and the recovery of discounts, the bank expects the profitability of major leading Chinese automotive companies to remain resilient in Q4 2024. On the other hand, most foreign brands have recorded historical highs in discounts in 2024, but their combined market share has decreased by about 10 percentage points year-on-year.

Jinwu Financial NewsJan 5 22:25 ET

Global EV Battery Market Share in Jan-Nov 2024: CATL 36.8%, BYD 17.1%

CnEVPostJan 5 22:01 ET