The Latest on China Market

Influenced by the "Old-For-New" policy, China’s auto sector witnessed a significant spike in June's delivery data. Leading the rally was #byd  with sales exceeding 340,000 electric cars. Li Auto, HIMA, #nio  , Zeekr, Leapmotor, #xpeng  , and #xiaomi  all enjoyed robust growth, setting new records in their sales performance.


On July 3rd, Xpeng revealed the Xpeng MONA M03, an intelligent pure electric hatchback coupe, in a global live stream. Expected to be priced just over 100,000 yuan, this advanced vehicle boasts a world-leading drag coefficient of 0.194Cd and several unique features.


BYD marked a historic day on July 4 with a grand celebration in Thailand, commemorating the completion of its first Southeast Asia factory and the production of its 8 millionth new energy vehicle.