China Passenger Car Retail Drops 29% YoY Sep 1–27, Traditional Peak Season Weakens
China’s passenger car sales fell 29% YoY in September, with NEVs showing relative strength amidst declining demand for gasoline vehicles.
Latest in EV news, technologies, data and insights from China market
China’s passenger car sales fell 29% YoY in September, with NEVs showing relative strength amidst declining demand for gasoline vehicles.
Zeekr won’t pursue battery-swapping, focusing instead on improving fast-charging capabilities.
China’s auto trade-in program covered 5.353M vehicles, with NEVs accounting for over 60% of retail sales.
Chinese automakers are consolidating to focus resources, reducing product lines amidst competition and falling profits, prioritizing strategic partnerships and resource sharing.
Avatr Technology reshuffles leadership, appointing Chen Zhuo as chairman and Yong Jun as president, aiming for strategic improvements amid profitability challenges.