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LMC Automotive blog: Asia-China, Tesla and BYD coming in hot

LMC Automotive blog: Asia-China, Tesla and BYD coming in hot BYD has recently been making headlines with global expansion plans and aggressive activities in the electrified vehicle space, including successful new vehicles, such as the Han, Qin Plus and Dolphin Cars, and the Yuan Plus and Song SUVs. The brand debuted in Thailand and began taking orders for the Atto 3 SUV in November 2022. BYD reportedly received 10,000 orders for the model, reachi...

News Updated at: 2022/12/23

LMC Automotive blog: US Light Vehicle sales in 2022, a mid-year analysis

LMC Automotive blog: US Light Vehicle sales in 2022, a mid-year analysis GM vs. Toyota: Toyota started the year ahead of GM by 16k units, they tied in February, and GM was ahead of Toyota in March-June, ending the first half of 2022 with a 42k-unit advantage. If the Detroit 3 were severely affected by the chip crisis last year, this year Asian OEMs have faced more disruptions, exacerbated by China’s zero COVID-19 policy. Well, not only Asian OE...

News Updated at: 2022/07/20

China releases 30th list of exemptions for NEV purchase tax

China releases 30th list of exemptions for NEV purchase tax On March 13, the Ministry of Industry and Information Technology (MIIT) of China released the 30th list of exemptions for NEV purchase tax. The list added 77 pure electric passenger vehicle models (including the EU5 of Beijing Electric Vehicle Co., Ltd., Neta U of Zhejiang Hozon New Energy Automobile Co., Ltd., Model 3 of Tesla, Inc., EUNIQ6 of SAIC Maxus Automotive Co., Ltd. and VELITE...

News Updated at: 2020/03/17