According to a recent report by Counterpoint, the global sales of passenger electric vehicles (EVs), which include both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), saw an 18% year-over-year increase in the first quarter of 2024. Pure electric vehicle sales grew by 7%, while plug-in hybrid vehicle sales surged by 46%. China […]
BYD
China’s Electric Surge: Powering a Quarter of the World’s EV Exports
In 2023, China’s electric vehicle (EV) industry achieved a remarkable milestone, firmly establishing itself as a dominant force in the global EV market. According to the World Trade Organization (WTO), by the end of 2023, pure electric vehicles (BEVs) from China constituted a quarter of the global EV exports. This significant shift not only underscores […]
BYD Triumphs in 2023
With a strategic rollout of its “Glory Edition” models post-Chinese New Year, BYD adopts a “lower price, no lower specs” approach, rejuvenating its mainline models and sparking a price reduction trend in the auto market.
China’s EV Market Booms, with BYD Leading Outperformance
China’s passenger electric vehicle (EV) market continues to grow at an impressive rate, with EV sales rising by 87% YoY in 2022, according to the latest research from Counterpoint.
China’s automobile exports surpassed Germany in 2022
China’s export of automobiles exceeded 3 million, reaching 3.111 million in 2022, an increase of 54.4% year on year, due to the shortage of overseas supply and the substantial increase in the export competitiveness of Chinese automobile enterprises, according to the data of the China Automobile Association.
China has 67% market share in the world’s new energy vehicles market in Sep
From January to September 2022, the sales volume of generalized new energy vehicles in China reached 9.98 million, including 2.76 million hybrid vehicles, accounting for 28%, according to Passenger Transport Association.
Forbes China: best companies to work for in 2021
Forbes China and Russell Reynolds Associates jointly released the Best Employers 2021 ranking.