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Chery Holding’s new vehicle sales leap 25% YoY in Oct.
Chery Holding’s new vehicle sales leap 25% YoY in Oct.

China’s Chery Holding sold roughly 88,000 new vehicles in Oct., boasting a year-on-year leap of 25% and up by 28.1% over a month ago, according to the company’s announcement.

Nov. 4 , 2020
NEV startups see strong momentum in Oct. deliveries
NEV startups see strong momentum in Oct. deliveries

NIO, Li Auto, Xpeng and WM Motor all achieved strong momentum last month.

Nov. 3 , 2020
China’s Vehicle Inventory Alert Index drops 8.3 percentage points YoY in Oct.
China’s Vehicle Inventory Alert Index drops 8.3 percentage points YoY in Oct.

China's Vehicle Inventory Alert Index (VIA) stood at 54.1% in October, which rose 0.1 percentage points compared to the previous month, while dropped 8.3 percentage points over the previous year.

Nov. 3 , 2020
China issues planning for 2021-2035 development of NEV industry
China issues planning for 2021-2035 development of NEV industry

China's State of Council formally issued the Planning for the Development of New Energy Vehicle Industry for the next 15 years.

Nov. 2 , 2020
Wait time for homegrown Model 3s extended to 4-6 weeks in China
Wait time for homegrown Model 3s extended to 4-6 weeks in China

The wait time for China-made Model 3s has been extended to four to six weeks from the previous one to two weeks for consumers in the Chinese Mainland, according to Tesla’s China official website.

Nov. 2 , 2020
NIO said to enter into European markets in 2021
NIO said to enter into European markets in 2021

Chinese EV startup NIO has already set up an overseas business unit in a bid to start selling products in European markets in 2021, according to a local media outlet.

Nov. 2 , 2020