EVs to make up 11% of all new vehicle sales in China[1]- Chinadaily.com.cn
10 years, 2 months ago

EVs to make up 11% of all new vehicle sales in China[1]- Chinadaily.com.cn

China Daily  

A child examines a car at an automobile show in Guangzhou, capital of Guangdong province in November,2013. Electric vehicles are expected to account for at least 11 percent of all the new vehicles sold in China in the next decade on the back of growing environmental awareness and stricter regulations, a new survey said on Monday. The survey, published by global consultancy firm KPMG, showed that a majority of the Chinese respondents expect e-vehicle sales－hybrid, battery cell and fuel cell units－to account between 11 percent to 15 percent of markets in the next 10 years. Respondents from China ranked fuel efficiency as the top criterion for buying a car, with about 76 percent indicating it would be the main priority, far higher than the global average of 67 percent. Rising air pollution in China, higher fuel costs, strict emission standards and rapid urbanization will ensure that the huge potential for electric cars is eventually realized, although this will require further innovation and disruption across the automotive ecosystem, and help from regulations and tax incentives, the KPMG report said.

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History of this topic

China’s Leapmotor Says It Can Weather an Expansion of Chip Curbs
1 week, 4 days ago

China’s Leapmotor Says It Can Weather an Expansion of Chip Curbs

Live Mint  

Electric vehicle maker Zhejiang Leapmotor Technology Co., which uses chips from Qualcomm Inc. and Nvidia Corp., said it would be able to ride out any escalation in US curbs on the flow of advanced chips to China. “It doesn’t even make sense,” given that restrictions could instead encourage China to develop its domestic technology faster, Leapmotor co-President Michael Wu said …

Chinese EVs make major inroads as Australian market charges ahead
2 weeks ago

Chinese EVs make major inroads as Australian market charges ahead

China Daily  

A staff member explains EV charging equipment to a visitor during the show. MA PING/XINHUA The road ahead Many of the automakers at the Sydney event said the infrastructure and network required for the EV sector to cover Australia's large distances still need to be improved. Many motorists needing to travel long distances are now overcoming "range anxiety" by first …

Chinese EVs make major inroads as Australian market charges ahead
2 weeks ago

Chinese EVs make major inroads as Australian market charges ahead

China Daily  

A visitor inspects SAIC's MG Cyberster electric sports car at the Everything Electric show in Sydney on March 7. MA PING/XINHUA Chinese electric vehicle manufacturers are gearing up for accelerated growth in the Australian market, as Canberra ramps up regulatory measures to smooth the country's transition to greener transportation. At the recent Everything Electric show in Sydney, which ran for …

Chinese EVs make major inroads as Australian market charges ahead
2 weeks ago

Chinese EVs make major inroads as Australian market charges ahead

China Daily  

A visitor inspects SAIC's MG Cyberster electric sports car at the Everything Electric show in Sydney on March 7. MA PING/XINHUA Chinese electric vehicle manufacturers are gearing up for accelerated growth in the Australian market, as Canberra ramps up regulatory measures to smooth the country's transition to greener transportation. At the recent Everything Electric show in Sydney, which ran for …

Chinese EVs make major inroads as Australian market charges ahead
2 weeks ago

Chinese EVs make major inroads as Australian market charges ahead

China Daily  

Dan Caesar, CEO of the Everything Electric show, and Scott Maynard, Polestar's managing director in Australia, introduce Polestar's electric vehicle models during the opening of the event on March 7. ALEXIS HOOI/CHINA DAILY Wider range Among the Top 10 bestselling EVs in Australia in February were Chinese vehicles including SAIC MG's MG4, BYD's Sealion 7 and Atto 3 along with …

Chinese EVs make major inroads as Australian market charges ahead
2 weeks ago

Chinese EVs make major inroads as Australian market charges ahead

China Daily  

A visitor inspects SAIC's MG Cyberster electric sports car at the Everything Electric show in Sydney on March 7. MA PING/XINHUA Chinese electric vehicle manufacturers are gearing up for accelerated growth in the Australian market, as Canberra ramps up regulatory measures to smooth the country's transition to greener transportation. At the recent Everything Electric show in Sydney, which ran for …

Chinese EVs make major inroads as Australian market charges ahead
2 weeks ago

Chinese EVs make major inroads as Australian market charges ahead

China Daily  

A staff member explains EV charging equipment to a visitor during the show. MA PING/XINHUA The road ahead Many of the automakers at the Sydney event said the infrastructure and network required for the EV sector to cover Australia's large distances still need to be improved. Many motorists needing to travel long distances are now overcoming "range anxiety" by first …

Chinese EVs make major inroads as Australian market charges ahead
2 weeks ago

Chinese EVs make major inroads as Australian market charges ahead

China Daily  

People visit the booth of Zeekr at the show. 'Pretty cool' tech The startup promotes itself as a technology company focused on artificial intelligence and the possibilities of how good future travel and transport mobility can be, he said. Scott Maynard, managing director in Australia of Polestar, a Sweden-based EV manufacturer, said the company markets itself as a premium brand, …

Chinese EVs make major inroads as Australian market charges ahead
2 weeks ago

Chinese EVs make major inroads as Australian market charges ahead

China Daily  

Visitors enter the exhibition hall of the Everything Electric show in Sydney on March 7. Dan Caesar, head of the team behind the Everything Electric show, said rapid developments in technology and expertise were fueling the strong trend toward EVs, with Australian consumers' interest in the vehicles high. "Chinese-made EVs are rapidly gaining popularity in Australia, with BYD leading the …

Continous growth expected for Chinese electric cars in Europe despite import tariffs
2 weeks, 6 days ago

Continous growth expected for Chinese electric cars in Europe despite import tariffs

NL Times  

The rise of Chinese electric cars in Europe is far from over. Car sector association BOVAG reported, based on a study by consultancy agency KPMG, that the market value of Chinese electric cars will be 10 percent by 2030. Chinese brands like BYD and Lynk & Co are expected to have very little trouble with the European import tariffs that …

XPeng Motors records strong deliveries
3 weeks, 3 days ago

XPeng Motors records strong deliveries

China Daily  

Chinese electric vehicle company XPeng Motors said it delivered 30,453 vehicles in February 2025, marking a 570 percent year-over-year growth. This achievement solidifies XPeng's position as the top performer among Chinese EV startups in new energy vehicle deliveries for the second consecutive month. During the event, XPeng Chairman He Xiaopeng outlined ambitious plans to bolster international sales, aiming for overseas …

Sales push as brands brace for tough 2025
1 month, 2 weeks ago

Sales push as brands brace for tough 2025

China Daily  

By LI FUSHENG | China Daily | Updated: 2025-02-10 09:48 Dancers perform next to a BYD Sealion 7 at the Singapore Motor Show on Jan 9, 2025. Over the past five years, the number of Chinese car brands selling more than 600,000 vehicles annually jumped from 11 in 2020 to 13 in 2024, signaling a dramatic shift toward greater market …

Japan’s Toyota announces EV and battery push in China and U.S., as its quarterly profit surges
1 month, 3 weeks ago

Japan’s Toyota announces EV and battery push in China and U.S., as its quarterly profit surges

Associated Press  

TOKYO — Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a new partnership with the Shanghai government. Toyota’s push also comes as worries grow around Asia about a potential trade war brewing after President Donald Trump imposed tariffs on Chinese goods and China retaliated with tariffs to take effect next …

Chinese car sales surge in Britain but older drivers remain fearful of data threat and privacy security
1 month, 3 weeks ago

Chinese car sales surge in Britain but older drivers remain fearful of data threat and privacy security

Daily Mail  

Chinese car brands are gaining an increasing stronghold on Britain's car market - but older drivers remain sceptical over concerns about privacy risk, market research says. Registrations figures for 2024 show a 14 per cent increase in sales of models from the four major Chinese brands now available in the UK: BYD, MG, Omoda and Ora. The Leapmotor T03 is …

How Elon Musk might win over his EV competitors
1 month, 3 weeks ago

How Elon Musk might win over his EV competitors

The Independent  

Over the last couple of years Elon Musk, the billionaire owner of X, Tesla and Space X, has mocked disabled employees, amplified racist conspiracy theories, and strangely even bent the truth about being good at video games. The Chinese electric car company BYD sold 4.27 million electric vehicles last year, increasing its annual sales by over 40 per cent. Close …

Economic Survey: Local tech, components for EV manufacturing
1 month, 4 weeks ago

Economic Survey: Local tech, components for EV manufacturing

Live Mint  

New Delhi: India is pushing to localize technology and raw materials used in electric vehicle manufacturing, as China’s grip on the global EV supply chain remained firm through the last fiscal year, the Economic Survey for FY25 revealed Friday. Expanding public transit networks could also reduce India’s dependence on imported EV components, the survey noted. "China's vertical integration across the …

Surge of Chinese EVs in UK sparks privacy concerns among older consumers – poll
1 month, 4 weeks ago

Surge of Chinese EVs in UK sparks privacy concerns among older consumers – poll

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The charge of Chinese electric car brands into the UK market is sparking …

China's electric car sales grow in 2024, as sales of gasoline cars plunge
2 months, 2 weeks ago

China's electric car sales grow in 2024, as sales of gasoline cars plunge

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sales of all types of …

China’s electric car sales grew in 2024 as sales of gasoline cars plunged
2 months, 2 weeks ago

China’s electric car sales grew in 2024 as sales of gasoline cars plunged

Associated Press  

BEIJING — Sales of all types of electric vehicles rose more than 40% in China last year, while those of gasoline-powered automobiles plunged, industry data showed Monday. A total of 31.4 million vehicles including buses and trucks were sold last year in the world’s biggest market by sales, up 4.5% compared to a year earlier, the China Association of Automobile …

China makes more cars than it needs. Now, it’s shakeout time.
2 months, 2 weeks ago

China makes more cars than it needs. Now, it’s shakeout time.

Live Mint  

Overall, car sales in China rose 5.5% last year to 22.9 million vehicles, the China Passenger Car Association said Thursday. Domestic brands accounted for 61% of the local market last year, up 8.6 percentage points from a year earlier, the China car association said. Last year, 23 EV brands either exited China or were consolidated into other brands, while a …

Ten cars from European and US brands you might not know are made in China
2 months, 3 weeks ago

Ten cars from European and US brands you might not know are made in China

Daily Mail  

A recent poll of UK drivers found that more Britons are coming around to the prospect of buying and driving a Chinese car. BMW iX3 The BMW iX3 is the first model built for export at the German giant's Shenyang factory in China operated by the joint venture BMW Brilliance Automotive Arriving to the UK market in summer 2021, the …

China’s Late-Year EV Sales Boom Gives Way to Rocky 2025 View
2 months, 3 weeks ago

China’s Late-Year EV Sales Boom Gives Way to Rocky 2025 View

Live Mint  

Chinese electric vehicle makers led by BYD Co. saw a late-2024 sales boom that’s set to give way to another bruising year as carmakers face risks to demand both at home and abroad. Zhejiang Geely Holding Group Co.’s premium electric car brand Zeekr saw sales climb 87% to 222,123 last year, missing its 230,000 goal. Growing trade tensions with key …

Beijing pushes to use China-made chips in its EVs
2 months, 4 weeks ago

Beijing pushes to use China-made chips in its EVs

Live Mint  

SINGAPORE—China isn’t satisfied with becoming the world’s dominant maker of electric vehicles. U.S. Trade Representative Katherine Tai said there was evidence China used “extensive anticompetitive and non-market means" to achieve self-sufficiency, and the Commerce Department has said subsidized low-cost Chinese chip makers might flood the global market and drive down prices. Earlier in 2024, officials from China’s Ministry of Industry …

Successes and fails of fierce auto sector
2 months, 4 weeks ago

Successes and fails of fierce auto sector

China Daily  

By LI FUSHENG | China Daily | Updated: 2024-12-30 10:15 Visitors check out BYD's booth for its Yangwang series at the Guangxi-ASEAN International Auto Show 2024 held from Dec 5 to 9. But the overall picture is rosy: new energy vehicle sales are expected to hit a record 13 million units in 2024, according to the China Association of Automobile …

US, EU can ride the tide of China's EV success
3 months ago

US, EU can ride the tide of China's EV success

China Daily  

JIN DING/CHINA DAILY The rise of Chinese-made electric vehicles in the global market has drawn both admiration and criticism. China's leadership in promoting sustainable development through EVs has contributed significantly to international efforts to address climate change. At a time when climate change and geopolitical tensions are creating divisions in the international community, the Chinese EV industry presents a unique …

EV sales remain strong globally: AP
3 months ago

EV sales remain strong globally: AP

China Daily  

Xinhua | Updated: 2024-12-27 15:51 Members of the public inspect Leapmotor's T03 on display at the 2024 Paris Motor Show on Oct 14. NEW YORK -- Electric vehicles had another whirlwind year around the globe, driven by buyers in China, and growth in parts of Europe and the United States, despite headwinds, reported The Associated Press on Thursday. "In a …

US, EU can ride the tide of China's EV success
3 months ago

US, EU can ride the tide of China's EV success

China Daily  

JIN DING/CHINA DAILY The rise of Chinese-made electric vehicles in the global market has drawn both admiration and criticism. China's leadership in promoting sustainable development through EVs has contributed significantly to international efforts to address climate change. At a time when climate change and geopolitical tensions are creating divisions in the international community, the Chinese EV industry presents a unique …

Five facts about electric vehicles in 2024
3 months ago

Five facts about electric vehicles in 2024

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Electric vehicles had another whirlwind …

China accounted for 80% of global EV sales growth in 2024 : IEA report
3 months ago

China accounted for 80% of global EV sales growth in 2024 : IEA report

Live Mint  

New Delhi, December 25 : China accounted for nearly 80 per cent of Electronic Vehicle growth globally, with EV sales jumping from over 3 million in the first half of 2023 to more than 4 million during the same period in 2024, according to a report by the International Energy Agency. The report also noted that the share of electric …

China’s Tesla Model Y rival set to arrive in the UK
3 months, 2 weeks ago

China’s Tesla Model Y rival set to arrive in the UK

The Independent  

Chinese car maker Xpeng has confirmed its entry into the UK market. Speaking exclusively to The Independent, IM Group managing director William Brown said “the plan is that we will launch the first model in March next year, which is the G6.” open image in gallery The Xpeng G7 features a practical 571 litre boot The G6, a crossover rival …

Nation poised to hold more than half of global EV fleet by 2025
3 months, 4 weeks ago

Nation poised to hold more than half of global EV fleet by 2025

China Daily  

By Liu Yukun | China Daily | Updated: 2024-11-29 08:59 Potential car buyers check out an NEV in Xiangyang, Hubei province. YANG DONG/FOR CHINA DAILY International consulting firm Gartner recently forecast that global electric vehicle ownership would rise significantly to hit 85 million by 2025, with China accounting for over half of the global EV fleet. Experts highlight that as …

China to see 100,000 eVTOLs for taxi and personal use by 2030: industry report
4 months ago

China to see 100,000 eVTOLs for taxi and personal use by 2030: industry report

China Daily  

A technician tests an electric vertical takeoff and landing aircraft in Hefei, Anhui province, which is bolstering the development of new quality productive forces. CHINA DAILY BEIJING -- China could potentially see 100,000 electric vertical takeoff and landing aircraft serve as family vehicles or air taxis by 2030, according to a report released Wednesday by the China Low Altitude Economic …

Chinese firms power Indonesia's EV sector
4 months ago

Chinese firms power Indonesia's EV sector

China Daily  

By LEONARDUS JEGHO in Jakarta and PRIME SARMIENTO in Hong Kong | China Daily | Updated: 2024-11-22 10:22 Chinese electric vehicles are powering Indonesia's EV industry and gaining ground among local consumers, industry executives say. Rubby Lie, branch head of Prima Wahana Auto Mobil, Wuling Motor's largest authorized dealer in Indonesia, shared optimism about rising local demand for Wuling and …

Chinese firms power Indonesia's EV sector
4 months ago

Chinese firms power Indonesia's EV sector

China Daily  

By LEONARDUS JEGHO in Jakarta and PRIME SARMIENTO in Hong Kong | China Daily | Updated: 2024-11-22 10:22 Chinese electric vehicles are powering Indonesia's EV industry and gaining ground among local consumers, industry executives say. Rubby Lie, branch head of Prima Wahana Auto Mobil, Wuling Motor's largest authorized dealer in Indonesia, shared optimism about rising local demand for Wuling and …

Riding toward a cleaner, greener world
4 months, 1 week ago

Riding toward a cleaner, greener world

China Daily  

FILE PHOTO: New China-built electric vehicles of the company Xpeng are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. The move, which the EU described as an effort to maintain "fair competition", thinly veils an underlying attempt to curb China's ascendancy in the EV industry. China's EV ecosystem is not only vast, it is also driven by …

Riding toward a cleaner, greener world
4 months, 1 week ago

Riding toward a cleaner, greener world

China Daily  

FILE PHOTO: New China-built electric vehicles of the company Xpeng are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. The move, which the EU described as an effort to maintain "fair competition", thinly veils an underlying attempt to curb China's ascendancy in the EV industry. China's EV ecosystem is not only vast, it is also driven by …

'Irreversible trend' will spur global EV sales
Trending News
4 months, 1 week ago

'Irreversible trend' will spur global EV sales

China Daily  

SAIC Motor's IM brand showcases its electric SUV LS6 at the 2024 Auto Guangzhou on Nov 15. Smart e-mobility is the irreversible trend of the global automotive industry, with battery electric vehicles expected to account for at least 64 percent of total new car sales by 2040, according to a recent Roland Berger report. The report states the Western markets, …

'Irreversible trend' will spur global EV sales
Trending News
4 months, 1 week ago

'Irreversible trend' will spur global EV sales

China Daily  

SAIC Motor's IM brand showcases its electric SUV LS6 at the 2024 Auto Guangzhou on Nov 15. Smart e-mobility is the irreversible trend of the global automotive industry, with battery electric vehicles expected to account for at least 64 percent of total new car sales by 2040, according to a recent Roland Berger report. The report states the Western markets, …

Audi unveils new EV brand in China without 4-ring logo
4 months, 3 weeks ago

Audi unveils new EV brand in China without 4-ring logo

India TV News  

Audi, the renowned German car brand, has introduced a new electric vehicle brand in China, dropping its iconic four-ring logo and using only the name "AUDI" to appeal to younger buyers in the world's largest auto market. In partnership with Chinese automaker SAIC, Audi plans to launch its first car from the new brand by the summer of next year, …

How electric car sales have slumped around the world
4 months, 4 weeks ago

How electric car sales have slumped around the world

Daily Mail  

Electric vehicles have been touted as an environmentally-friendly solution to the climate crisis, giving passengers a smooth, emissions-free ride. Meanwhile, Chinese car manufacturer BYD – the world's largest seller of electric vehicles – saw global EV sales crash earlier this year. Electric vehicles run on energy from a charged battery much like a smartphone but come with hefty pricetags – …

End of the road for electric cars: Shocking chart reveals how EV sales have SLUMPED around the world - with Volkswagen the latest carmarker forced to close its factories as a result
4 months, 4 weeks ago

End of the road for electric cars: Shocking chart reveals how EV sales have SLUMPED around the world - with Volkswagen the latest carmarker forced to close its factories as a result

Daily Mail  

Electric vehicles have been touted as an environmentally-friendly solution to the climate crisis, giving passengers a smooth, emissions-free ride. Meanwhile, Chinese car manufacturer BYD – the world's largest seller of electric vehicles – saw global EV sales crash earlier this year. Electric cars made by Chinese firm BYD have more attractive prices than those from the likes of rival Tesla, …

Chinese Tech Giants Dominate the Electric Vehicle Market
5 months ago

Chinese Tech Giants Dominate the Electric Vehicle Market

Live Mint  

Chinese tech giants are making a big push into the electric vehicle (EV) market, with several companies like Baidu, Huawei, Xiaomi, and Apple investing heavily in the industry. These tech firms have been able to leverage their expertise in software, AI, and automation to create smart and efficient EVs that are often more advanced than their Western counterparts. However, the …

China's share of UK car market soars 10-FOLD in two years amid fears Beijing-made electric vehicles could be 'weaponised' to spy on Brits
5 months, 1 week ago

China's share of UK car market soars 10-FOLD in two years amid fears Beijing-made electric vehicles could be 'weaponised' to spy on Brits

Daily Mail  

China's share of the UK car market has soared 10-fold within two years, MailOnline can disclose. The Chinese brand first began selling electric cars in the UK in the first quarter of 2023 - though has been making electric buses for the British market for over a decade. Between January and June 2024, Tesla remained the top selling electric car …

Paris Motor Show opens during a brewing EV trade war between the EU and China
5 months, 2 weeks ago

Paris Motor Show opens during a brewing EV trade war between the EU and China

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Chinese manufacturers are attending in …

EU-China Trade War Fuels Electric Vehicle Show in Paris
5 months, 2 weeks ago

EU-China Trade War Fuels Electric Vehicle Show in Paris

Associated Press  

The Paris Motor Show is showcasing a diverse range of electric vehicle models from various manufacturers, targeting both luxury clients and students. Chinese manufacturers are making a strong presence with several new models, including compact SUVs and electric commuter cars, while European manufacturers are fighting back with new efforts to win over consumers. Additionally, manufacturers of small electric vehicles are …

EU countries vote to impose duties on China EVs ahead of an end-of-October deadline
5 months, 3 weeks ago

EU countries vote to impose duties on China EVs ahead of an end-of-October deadline

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy European Union countries on Friday …

Chinese carmakers sell fewest EVs in Europe since February 2023
5 months, 4 weeks ago

Chinese carmakers sell fewest EVs in Europe since February 2023

Hindustan Times  

Chinese manufacturers sold the fewest electric cars in 18 months to customers across Europe, with registrations falling by nearly half in August from a year earlier. MG, the British nameplate that’s now part of SAIC Motor Corp., lost its top spot across Europe to Chinese rival BYD Co., according to Jato Dynamics, which also tracks the automotive market. Uncertainty tied …

Acceptability of new energy vehicles set to rise by end of decade: Survey
6 months ago

Acceptability of new energy vehicles set to rise by end of decade: Survey

New Indian Express  

NEW DELHI: Majority of new car buyers, who participated in a study, were ready to accept new energy vehicles as the only option when considering a purchase by 2030, according to a survey. Around 83 per cent of the 1,000 prospective Indian buyers covered in the global survey said they will consider buying an NEV by the end of this …

Despite global EV slowdown, China's car industry refuses to put on handbrake
6 months ago

Despite global EV slowdown, China's car industry refuses to put on handbrake

ABC  

Global demand for electric vehicles has cooled in recent months after a dramatic rise over the last decade, leading several major car manufacturers to scale back electrification plans. With China's car exports reaching record highs this year, Anderson said prospective owners in markets like Australia had become more open to Chinese brands because their performance was much improved. By building …

Do we need more Chinese car brands to make EV ownership affordable - and are they REALLY that cheap?
6 months, 2 weeks ago

Do we need more Chinese car brands to make EV ownership affordable - and are they REALLY that cheap?

Daily Mail  

On 5 July, the European Union announced it will impose massively hiked provisional import tariffs on Chinese electric cars. However, with the move criticised by industry figures, the UK has so far decided not to follow suit, as British motorists appear to welcome cut-price EVs from brands such as Shanghai-owned MG. A study by the Centre for Strategic and International …

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