Seres Group Clears Listing Hearing with HKEX
Seres sold 44,700 NEVs in September, up 19.4%, bringing year-to-date deliveries to 304,600 units.
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Seres sold 44,700 NEVs in September, up 19.4%, bringing year-to-date deliveries to 304,600 units.
The German automotive industry is witnessing drastic job losses amid fierce competition from China.
The two Chinese giants, CATL and BYD, continue to firmly hold the top two global positions, with a combined market share exceeding 50%.
Geely Holding Group delivered 1.02 million vehicles in the third quarter, including 590,000 NEVs, up 59%
In the first half of this year, Polestar sold just 69 vehicles in China, recording zero deliveries in both April and May.
NEV makers showed robust growth in September. The market base continued to broaden as domestic automakers implemented a “multi-path strategy” for new energy vehicles.
Since the tariff took effect, sales of BEVs in Canada have fallen 39.2% YoY, PHEVs declined 2.2%, and only HEVs bucked the trend, posting a 60.7% increase.
According to a BCG report, the global manned eVTOL market is projected to reach $225 billion by 2040.