
Analysis of China's Passenger Car Market in December 2021
On Tuesday, the China Passenger Car Association (CPCA) released a report on the country's passenger car market for the month of December 2021.
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On Tuesday, the China Passenger Car Association (CPCA) released a report on the country's passenger car market for the month of December 2021.
On May 31st, Faraday Future (FF) announced the price of its first model FF 91 2.0 Futurist Alliance (2.0 refers to an updated version): $309,000 USD, about RMB 2.2 million.
On August 8, Chinese automobile manufacturer Great Wall Motor (GWM) held a signing ceremony with European car dealer Emil Frey Group.
A range of Chinese new energy vehicle companies have recently reported their April delivery results. They were under greater pressure to deliver during the period due to the COVID-19 outbreaks.
On July 29, Shanghai-based new energy vehicle company NIO announced the total number of its charging piles across China reaches over 10,000, covering 269 cities.
William Li, the CEO of Chinese new energy firm NIO, said that planned July deliveries of its ET7 model were originally higher than the roughly 4,000 units recorded in June, but an insufficient supply of castings resulted in a drop in production by thousands of units.
Lotus spokesman James Andrew said that the firm is focusing on the research and development of its electric vehicles, and is currently evaluating a possible listing.
Real estate developer Evergrande's first pure electric SUV, the Hengchi 5, has seen 50,000 units ordered within the 10 hours of blind booking during Labor Day holiday.
BYD issued a document announcing that its Brazil branch recently held a "BYD VIP DAY" event in Sao Paulo, during which the company displayed its Tang EV model.
Recently, the official Weibo account of BYD released the sales figures for different models in April, including the BYD Song PLUS series, DENZA, as well as the BYD Dynasty and Ocean series.
According to data released by the China Passenger Car Association, the cumulative retail share of Chinese car brands in the first three quarters of this year was 47.0%, up 7.5% year-on-year. International luxury brands and joint ventures are now showing downward trends in China.
During a media communication meeting held on April 10, William Li, CEO of Chinese automaker NIO Inc., talked about the NIO Phone.