Chinese Families Embrace EV Road Trips for Spring Festival Travel
A Hangzhou family’s 2,942-km electric vehicle journey highlights the growing trend of NEVs for holiday travel, blending adventure with family bonding in modern China.
China NEV Market
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LG Chem CEO Shin Hak-Cheol Optimistic About China’s New Energy Vehicle Market
LG Chem CEO Shin Hak-Cheol announced at Summer Davos 2024 that the company will boost R&D in China, focusing on new products and technologies, leveraging the rapid growth of China’s new energy vehicle industry.
China’s NEV Penetration Rate Expected to Reach Record 49.1% in June
China’s new energy vehicle (NEV) penetration rate is projected to reach a record 49.1% in June, as the market continues to grow with increased competition and technological innovation.