Sales of electric cars and plug-in hybrids in China increased again in May. Around 717,000 of the so-called New Energy Vehicles (NEV) were sold, according to data published by the China Association of Automobile Manufacturers (CAAM).
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According to data released by the China Association of Automobile Manufacturers (CAAM), sales of New Energy Vehicles (NEV) in China stood at 653,000 units last month. This represents a year-on-year increase of 34.8 per cent and a 24.4 per cent increase compared to February.
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The year is also off to a weak start in China, where around 408,000 new energy vehicles (NEVs) were sold in January 2023, almost 50 per cent fewer than in December 2022 and 6.3 per cent fewer than in the same month last year. This is according to data from the China Association of Automobile […]
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Total sales of New Energy Vehicles in 2022 amounted to 6.887 million units. This is according to statistics from the China Association of Automobile Manufacturers (CAAM) and represents an increase of 93.4 per cent compared to 2021.
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GAC Aion, the electric car subsidiary of the Chinese GAC Group, presented an electric sedan called Hyper GT with a cW value of 0.19 at the Guangzhou Auto Show. However, it will probably be almost a year before it goes on sale.
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The Chinese car company GAC has started building a production facility for electric car batteries in Guangzhou. With a total investment of 10.9 billion yuan (1.5 billion euros or $1.561 billion), the new factory is scheduled to go into operation in March 2024 with an annual production capacity of 6 GWh.
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In China, sales of new energy cars reached a new high in November: According to estimates by the China Passenger Car Association (CPCA), around 732,000 new energy cars were sold – about 56,000 more than in the previous record month of October 2022.
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In China, sales of new-energy passenger cars were almost unchanged in October compared to the previous record month of September 2022. About 676,000 NEV passenger cars were sold in October 2022, including about 508,000 BEVs and 167,000 PHEVs.
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GAC Aion, the electric car subsidiary of the Chinese GAC Group, has presented its new vehicle platform AEP 3.0. The new electric car platform is intended to enable more efficient electric cars, particularly sporty vehicles – at least the first model will be at the sporty end of the scale.
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GAC Aion has completed a financing round of 18.29 billion yuan (2.56 billion euros), in which 53 investors participated. The option of an IPO will probably now be explored with the strategic investors.
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GAC Aion, the electric car subsidiary of the Chinese GAC Group, has presented its new premium brand Hyper and its first representative Hyper SSR. The model is an all-electric super sports car with gullwing doors and a maximum output of 913 kW.
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The Chinese car company GAC has announced the foundation of a subsidiary for the industrialisation of its own battery business. The new company, named Lvqingg, will probably focus mainly on LFP batteries and build its own battery factory.
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The Chinese lithium producer Ganfeng Lithium has agreed on a long-term strategic partnership with GAC Aion, the electric car offshoot of the Chinese GAC Group. This is not just about the supply of battery materials.
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The Chinese car company GAC Group is investing 2.16 billion yuan (312 million euros) in setting up a subsidiary for the production of electric drive systems. The new subsidiary plans to build production lines with an annual capacity of 400,000 integrated electric drive systems by 2025.
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Sales of New Energy Vehicles in China increased by around 50 per cent to 421,000 units in May compared to April. After a weak April, the Chinese market returned to the growth trend with the second-best monthly result of the year.
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A total of 280,000 New Energy Vehicles were sold in China in April, up 50.1 per cent from the same month last year but down 38.5 per cent from March 2022, making April the weakest month of the year so far.
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GAC Aion, the e-car offshoot of the Chinese GAC Group, is also entering the battery exchange station business. The first of these stations has now been opened in Guangzhou. At the same time, a price reduction is intended to increase the distribution of the manufacturer’s extremely fast-charging vehicles.
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455,000 New Energy Vehicles were sold in China in March, 122.4 per cent more than in the same month last year and 43.6 per cent more than in February 2022, making March the strongest month of 2022 so far.
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In February, 317,000 New Energy Vehicles were sold in China. Compared to the same month last year, sales increased by 189 per cent. The ratio of plug-in hybrids and battery-electric cars within the NEV category remained nearly constant.
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GAC Aion, the electric car offshoot of China’s GAC Group, has completed the expansion of its existing production facility to an annual capacity of now 200,000 electric cars. When the second plant comes on stream in December, production capacity will rise to 400,000 cars per year.
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In China, 412,000 new energy vehicles (NEVs) were sold in January 2022. This was 141 per cent higher than in January 2021 for electric cars, plug-in hybrids and fuel cell cars, with battery-electric cars, in particular, making gains.
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In China, around 3.3 million New Energy Vehicles, meaning battery-electric cars and plug-in hybrids, were sold last year. December was also a new record month with 505,000 NEV cars.
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GAC Aion, the electric car offshoot of the Chinese GAC Group, is building a second plant with a capacity of 200,000 vehicles per year. With the new plant, whose construction is to be completed by December 2022 according to Chinese media, GAC Aion would double its production capacity.
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In November, sales figures for New Energy Vehicles reached a new high for the year. Over the course of the month, 429,000 NEVs were sold, which significantly exceeds the previous record from October (368,000 vehicles).
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The Chinese manufacturer GAC Aion has increased the maximum range of its LX electric SUV to over 1,000 kilometres – albeit, as is still customary in China, according to the outdated NEDC standard. The improved vehicle is expected to debut on GAC Aion’s home market in the coming months.
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In October, 368,000 new energy vehicles were sold in China, an increase over both the same month last year and the previous month. However, the best-selling NEV in October did not come from BYD or Tesla.
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The Chinese battery manufacturer CALB (China Lithium Battery Technology) has announced the expansion of its production capacities to 300 GWh by 2025. Among other things, the company is planning a new factory in Hefei with a capacity of 50 GWh. International carmakers could also benefit from this.
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The Chinese car manufacturer GAC plans to launch the Aion V with a graphene battery in September. In a demonstration, the car is said to have managed a charging process from zero to 80 per cent in eight minutes. GAC Aion showcased its super-fast charging technology in two versions, 3C and 6C.
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GAC Aion, the electric car offshoot of China’s GAC Group, has teamed up with ride-hailing company Didi Chuxing to develop an autonomous electric car. The plan is to develop a model for “large-scale commercial applications to accelerate mass production”.
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