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China, EV and car sales

China's Electric And Hybrid Vehicle Sales Jump 40.7% In 2024

Sales of electric and hybrid vehicles jumped more than 40 percent in China last year, as demand for new energy models continues to surge and the sector remains entrenched in a gruelling price war.

Bloomberg L.P. · 1d

China Renews Car Trade-In Subsidy to Boost Hybrid, EV Sales

China has renewed a trade-in subsidy of up to 20,000 yuan ($2,730) to help underpin sales of fuel-efficient vehicles, including electric cars and hybrids.

Reuters on MSN · 12h

China car sales maintain growth pace in 2024, EV and hybrid sales hit record

China's car sales maintained their growth pace in 2024 as sales of electric vehicles and plug-in hybrids in the world's largest auto market hit a record high amid a brutal price war and with subsidised trade-ins for greener vehicles driving purchases.

The Economic Times on MSN · 3h

Record EV, hybrid sales help Chinese car market grow 5.3%

Sales of EVs and plug-in hybrids, known collectively as new energy vehicles (NEVs), rose 40.7% to make up 47.2% of total car sales last year, closing in on a 50% milestone, buoyed by a programme likened to the 2009 US "cash-for-clunkers" stimulus.

Pentagon, Ford and EV battery

USA Today · 2d

Pentagon stings Chinese EV battery maker whose tech Ford plans to use at Marshall plant

The U.S. Defense Department has added the world's largest electric vehicle battery maker, along with Chinese tech giant Tencent Holdings, to a list of companies that it says work with China's military,

The Financial Times · 1d

Pentagon blacklisting of China’s EV battery maker puts US banks in bind

The world’s biggest maker of electric-vehicle batteries and a supplier to Tesla has been meeting banks in recent weeks as it draws up plans for a secondary listing in Hong Kong. The initial public offering would give it access to offshore funds as it seeks to expand overseas, and Morgan Stanley has estimated it could raise up to $7.7bn.

Detroit News · 1d

Pentagon to blacklist Chinese EV battery maker that supplies Tesla, has deal with Ford

Ford has a licensing agreement to manufacture electric vehicle batteries with technology from a Chinese company that's under scrutiny at the Pentagon.

10hon MSN

China's EV exports seen stalling in 2025

China's auto exports are estimated to slow notably this year after holding the export crown for a second year in 2024, with ...

Digi Times17h

China continues EV subsidies, with fresh price war looming

Competition in China's electric vehicle (EV) market has intensified right at the start of 2025, with vendors lowering prices ...

9hon MSN

Uncertainty over Trump’s electric vehicle policies clouds 2025 forecast for carmakers

Electric vehicle demand is expected to keep rising this year, but uncertainty over policy changes and tariffs is clouding the ...

Chinese XPENG’s G6 Electric SUV Arrives In UK, Flying Cars On Roadmap

Chinese premium EV brand XPENG is launching in the UK, starting with the G6 SUV. But its ambitions are sky high. Will it suit ...

21hon MSN

China's EVs Drew Big Crowds At CES. They Should Make Everyone Else Nervous

It has an 800-volt electric architecture—very few U.S.-spec EVs do, but China overwhelmingly leads the way there—and can ...

The Information9h

The Electric: China Wants to Block the West From Catching Up in Batteries

Less than two weeks before the inauguration of President-elect Donald Trump, the U.S. and China have escalated their ...

13d

China is winning the race for 5-minute EV charging

Charging is often cited as a main reason drivers aren't embracing EVs. In the US, charging times range from 20 minutes to 50 ...

2-GW Gas-Fired Plant With GE Vernova Turbines Now Online in China

GE Vernova and Harbin Electric said a 2-GW natural gas-fired power plant has entered commercial operation in China, providing ...

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China, EV and car sales

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