Passenger vehicle market demand rebounds, with NEVs challenging the dominance of traditional internal combustion engine vehicles. Market demand sub-200K RMB rationalizes, while the 300K-500K RMB bracket is set for a showdown between smart features and luxury amenities. The automotive market…
PV sales reached a new high in 2023, surpassing 25 million units. NEV lead with sales on the rise, achieving a 34.7% market penetration rate. NEVs make a significant contribution to exports, standing alongside solar energy and lithium batteries as…
BEV will see a market outbreak. It sold 2.38 million terminal units in 2021 and it will reach 3.5-4 million units in 2022.In 2021, the year-on-year growth rate will more than 150% and the growth rate will continue in 2022…