China NEV Retail Sales Hit 495,000 in Mar, Penetration Rate Reaches 53.9%
From March 16 to 22, 2026, China’s passenger car market saw a surge in sales, though new energy vehicle sales declined significantly.
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From March 16 to 22, 2026, China’s passenger car market saw a surge in sales, though new energy vehicle sales declined significantly.
The shooting brake market is expanding with fierce competition, but few models achieve consistent high sales despite growing interest.
From January to February, China’s new energy vehicle production reached 1.604 million units, down 13.7% YoY, with a cumulative penetration rate of 39.9%.
Rising oil prices are pushing fuel car owners to envy electric vehicles, prompting advancements in fast charging technology.
China’s battery output surged 19% in February 2026, but installation rates and consumer demand significantly declined.
Land Rover Freelander, which was gradually discontinued in 2014, made a high-profile “revival” in Suzhou in late March—not as a…
With capacity expansion underway and industry timelines converging on 2027, the solid-state race is accelerating.
Mirattery was established in 2020 in Optics Valley as a joint venture backed by NIO and CATL.
The top ten battery manufacturers recorded combined installations of 24.8 GWh, accounting for 94.3% of total installations.
CATL invested RMB 22.1 billion in R&D in 2025, with cumulative R&D spending exceeding RMB 90 billion over the past decade.