China Passenger Car Association

New Business

Geely’s third-quarter revenue and profit soar on surging EV sales in mainland China

Geely Auto, mainland China’s second-largest carmaker, reported a 27 per cent jump in third-quarter revenue on the back of a…

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New Business

China’s pure-EV sales hit all-time high as new models, expiring tax breaks lure buyers

Sales of pure-electric vehicles (EVs) in mainland China hit an all-time high last month as consumers rushed to take advantage…

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New Business

China’s car dealers feel life-threatening squeeze from price war, e-commerce rivals

Chinese car dealers, once the beneficiaries of the country’s booming automotive market, are facing a bleak future as they fall…

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China will be exporting 10 million cars per year by 2030, association forecasts

China’s auto industry is likely to sell more than 40 million vehicles per year over the next five years –…

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Tesla cuts price of new Model 3 in China as moment of truth nears for variant strategy

The US carmaker said on Monday that it would price the Shanghai-made car, which boasts a driving range of 830km,…

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Tesla China starts taking orders for longer-range Model 3 EV, with 14% price bump

Tesla has begun offering its longer-range Model 3 variant to Chinese customers as it fights to regain market share from…

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Xiaomi’s SU7 SUV a hit with mainland Chinese motorists as bookings reach 240,000

Chinese smartphone and electric-vehicle (EV) maker Xiaomi has been flooded with orders for its YU7 SUV, with analysts saying the…

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New Business

Xiaomi takes aim at Tesla with 4% cheaper YU7 SUV, a Model Y competitor

Xiaomi, the Chinese smartphone maker and electric-car start-up, priced its YU7 sport-utility vehicle (SUV) at a 4 per cent discount…

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China’s plug-in hybrid exports spike in wake of EU tariff exemption

Chinese plug-in hybrid electric cars are rapidly flooding the European market, with exports to the bloc rising an extraordinary 600…

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New Business

China’s economy weathers US tariff storm in May as consumption picks up

China’s economic data sent mixed signals in May, with US tariffs continuing to weigh on the country’s manufacturing and exports…

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