China's commercial vehicle sales have surged to 3.3 million units in the first 10 months of 2023, a 19.8% YoY increase. The nation's electricity consumption also rose to 7.6059 trillion kWh, a 5.8% YoY increase. State-owned automaker GAC plans to install self-developed all-solid-state batteries in vehicles by 2026. China is making roads more accessible to highly-autonomous vehicles, and NEV sales are expected to reach 12 million units next year. China-owned autonomous vehicle firms are collecting data during US tests, raising concerns among lawmakers. Hybrid vehicle sales are surging in China, posing a fresh threat to foreign automakers. The total installed power generation capacity in China reached 2.81 billion kW by the end of October, with solar power capacity up by 47% YoY. Li Auto is set to mass produce its first fully electric EV in February 2024.
Hybrid vehicle sales surge in China, posing fresh threat to foreign automakers https://t.co/9KsXIm5DPb https://t.co/JcKt7CDNfl
China's total installed power generation capacity stood at 2.81 bln kW by end-Oct, up 12.6% YoY. The installed capacity of #SolarPower reached 540 mln kW, up 47% YoY, while that of #WindPower totaled 400 mln kW, up 15.6% YoY, as of Oct: National Energy Administration, Monday https://t.co/h2PpdCYYm1
China's Li Auto to mass produce first fully electric EV in Feb https://t.co/HKmuWCYXk1
China-owned autonomous vehicle firms are collecting data during US tests — and lawmakers are concerned https://t.co/vY3xekzSni
#China’s passenger #car demand to stay resilient next year, NEV sales expected to reach 12 mln units – research https://t.co/hPBJ5w9RQV
State-owned automaker GAC has announced plans to install self-developed all-solid-state batteries in vehicles by 2026, joining other carmakers in attempting to commercialize a technology that could revolutionize the EV industry. https://t.co/0Efyy2FhNZ
China to make more roads accessible to highly-autonomous vehicles https://t.co/HqgkQZ9AVF
China to make more roads accessible to highly-autonomous vehicles https://t.co/nweynuhzqT
China's #electricity consumption, a key barometer of economic activity, totaled 7.6059 trillion kWh in the first 10 months of 2023, up 5.8% YoY, the National Energy Administration said. In October alone, the country's power use expanded 8.4% YoY to 741.9 billion kWh. https://t.co/p5BOOru68E
China's commercial #vehicle sales totaled about 3.3 million units in the first 10 months of 2023, up 19.8% YoY. The exports of the country's commercial vehicles soared 28.3% YoY to 616,000 units in the same period: industry data https://t.co/F6JnvDWOu5