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Chinese EV makers extend buying incentives

Chinese EV makers report record deliveries after lower pricing and subsidies boost demand

XPeng (NYSE:XPEV), and NIO (NYSE:NIO) all reported record deliveries tallies for December, while Leapmotor, ZEEKR Intelligent (ZK), and Xiaomi (OTCPK:XIACF) also recorded new monthly highs during the month at a lower scale.

Reuters · 9h

Chinese EV makers extend buying incentives as price war enters third year

Chinese electric vehicle makers including Nio and Li Auto have followed market leaders Tesla and BYD in extending buying incentives to the start of 2025, as a price war in the world's largest auto market continues for a third year.

IJR · 50m

Chinese EV Makers Post Record Sales As US Industry Continues To Flounder Despite Billions In Biden Subsidies

China is tightening a noose around the world’s EV market while American auto manufacturers are sucking wind, despite being showered

MT Newswires on MSN · 5h

Chinese EV Makers Report Double-Digit Delivery Gains for December

Major Chinese electric-vehicle companies reported double-digit gains for their December deliveries led by XPeng (XPEV), which also exceeded its fourth-quarter delivery target. XPeng delivered 36,695 of its smart electric vehicles last month,

Reuters on MSN · 7h

Chinese EV makers extend buying incentives as price war enters 3rd year

Li Auto announced on Thursday cash subsidies of 15,000 yuan ($2,055) per car purchase as well as a three-year zero-interest financing scheme

BYD, Chinese EV Peers Post Record Sales for Dec.

Barron's · 4h

Sales Surge In 2024 For Chinese EV Giant BYD

Leading Chinese electric car maker BYD's vehicle sales surged in 2024, the company said in a statement, as the firm grows its overseas presence.

Hosted on MSN · 13h

BYD, Chinese EV Peers Post Record Sales for December

Chinese electric-vehicle makers have benefited from a government trade-in program in the world’s largest market for EVs.

Fortune on MSN · 9h

After BYD’s bumper December, here’s how many cars Tesla must sell to keep its crown as the world’s top EV seller

Thus, to keep its crown as the world's top seller of electric cars, Tesla needs to deliver over 400,000 cars in the final quarter to keep ahead of BYD. The U.S. carmaker sold a record 1.81 million vehicles in 2023, and it is expected to reveal its fourth-quarter deliveries for 2024 later this week.

Benzinga.com10h

EV Price War Heats Up As Chinese Automakers Extend Subsidies: Details

The Chinese EV maker marked about a 50% year-on-year jump in the sales of new energy passenger vehicles in December. The report further notes that Tesla has extended a 10,000 yuan discount on ...

Chinese electric vehicles gain market share in Norway

Chinese electric cars have surged to account for almost 10% of new car sales in Norway in only five years, data from the ...

44m

China’s Late-Year EV Sales Boom Gives Way to Rocky 2025 View

Chinese electric vehicle makers led by BYD Co. saw a late-2024 sales boom that’s set to give way to another bruising year as ...

10don MSN

On a quest for global domination, Chinese EV makers are upending Thailand’s auto industry

Japanese automakers are starting to pull out of Thailand — a longtime hub of production — as Chinese electric-vehicle makers ...

6don MSN

Chinese EV Battery Maker CATL Seeks Hong Kong Listing

The world’s largest electric-vehicle battery maker is the latest Chinese company seeking to tap Hong Kong’s fundraising ...

The new Chinese EV that can be fully charged in five minutes and costs £16,000

The Firefly is the latest Chinese electric model that costs around £16,000 and has a unique feature, allowing owners to get a ...

1don MSN

Faraday Future could unveil lowest-priced EV yet at CES 2025

Faraday Future will unveil its FX 5 EV prototype, priced $20,000-$30,000, at CES 2025 in Las Vegas.The Latest Tech News, ...

Electrek2d

Internal letter from XPeng CEO details 2025 goals, warns of an impending EV ‘price war’

As we bid adieu to 2024, XPeng founder and CEO He Xiaopeng is setting the stage for a big 2025. The EV executive posted an internal letter to XPeng staff outlining the company’s key goals for the ...

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