Simplified Steps and Key Considerations for Algerian Buyers When Importing Cars from China
Ma Xi · 2024-12-24
cls · 2024-11-04
Exceptional October Deliveries by New Energy Vehicle Companies
The latest sales figures for October 2024 reflect a booming market for new energy vehicles (NEVs) in China, with multiple companies reporting substantial growth and record-high deliveries.
Brand | Sales Volume | Note |
---|---|---|
BYD | 502,657 | +66.5% YoY |
Li Auto | 51,400 | +27.3% YoY |
Leapmotor | 38,100 | +109% YoY |
Xpeng | 24,000 | +20% YoY |
NIO | 21,000 | +30.5% YoY |
Xiaomi | >20,000 | —— |
Second-Hand Car Market Growth Projections
On November 3, Cui Dongshu, Secretary General of China Passenger Car Association, provided insights into the second-hand car market’s robust growth. In September 2024, the market saw 1.66 million transactions, a 4% year-on-year increase, with transaction values reaching ¥106.4 billion, up by 2% YoY. From January to September 2024, a total of 14.22 million transactions were recorded, reflecting a 5% year-on-year increase with a total transaction value of ¥939.2 billion, growing by 9%.
Cui projected that the second-hand car market for 2024 could reach nearly ¥1.3 trillion, considering a 9% increase observed in the first three quarters. The escalation in transaction values signifies an upward trend in the quality and price range of vehicles being traded, contributing to the market’s overall expansion.
NIO’s Third Brand FIREFLY to Use Pure Electric Technology
NIO President Qin Lihong addressed rumors about the company adopting hybrid technology by reaffirming that NIO’s third brand, FIREFLY, will continue with pure electric technology. Scheduled for a launch at NIO Day 2024, FIREFLY will feature rechargeable, swappable, and upgradeable electric systems.
Launch of New Chery Tiggo 7 Models
Chery has launched new variants of the Chery Tiggo 7, including the Tiggo 7 Plus, Tiggo 7 High-Energy Hybrid, and Tiggo 7C-DM. The Tiggo 7 Plus is priced between ¥99,900 and ¥129,900. The Tiggo 7 High-Energy Hybrid is priced between ¥107,900 and ¥139,900. The Tiggo 7C-DM is priced from ¥119,900 to ¥142,900. The Tiggo 7 High-Energy Hybrid boasts a 1.5TGDI high-efficiency hybrid engine with a thermal efficiency of 44.5%, combined fuel economy of 4.9L per 100 km, and an all-electric range of 120 km, ensuring a total range of over 1,300 km. The car is equipped with the Super DHT (Dedicated Hybrid Transmission) boasting a comprehensive efficiency of 92%, and features intelligent all-scenario four-wheel drive control offering 7 different four-wheel drive modes.
Nanjing
2024 MI
SU7
2024.129,000kmBEV
Zhongshan
2024 BYD
QINL
2024.067,100kmPHEV
Xiamen
2021 HAVAL
H6
2022.1132,000kmPetrol
Hefei
2022 AUDI
A4L
2023.0132,000kmPetrol
Guangzhou
2018 BYD
QIN
2018.12100,000kmPHEV
Shanghai
2015 BYD
TANG
2016.0885,000kmPHEV
Huizhou
2023 GAC TRUMPCHI
M8
2023.0359,000kmPetrol
Dongguan
2016 BYD
SONG
2016.09110,000kmPetrol
The 2025 Guide to Import Used Cars from China to Algeria
Simplified Steps and Key Considerations for Algerian Buyers When Importing Cars from China
Ma Xi · 2024-12-24
The 2025 Guide to Import Used Cars from China to Egypt
Understanding regulations and procedures for importing used cars from China into Egypt
Ma Xi · 2025-01-07
How to Avoid Scammers When Importing Cars from China
Tips for importing vehicles safely from China
Ma Xi · 2025-01-08
The Illegal Modification Export of Branded Passenger Car from China
Risks, Red Flags of Modification Export and How to Protect Your Business, uncover the dangers of tax evasion, document fraud, and customs seizures in the overseas car market, and learn actionable steps to avoid falling victim to these fraudulent schemes.
Maxi and Calix · 2025-02-15
China Auto Daily丨 BYD Celebrates 30 Years: 10 Millionth NEV Rolls Off Line
BYD celebrates its 30th anniversary with the production of its 10 millionth new energy vehicle, the Denza Z9. Significant investments in intelligent automotive technology are planned to enhance future advancements.
cls · 2024-11-19
China's Vehicle Software Market Worth 65 Billion Yuan
China's vehicle software market is valued at over 65 billion yuan, making up 30% of the country's total software market, according to a recent report.
eastmoney · 2024-09-30
China Auto Daily丨Used Car Transactions in China Rise by 6.37% in October
In October, China's used car market saw a 6.37% year-on-year rise. Xiaomi plans to launch the YU7 SUV next year, and NIO's ET9 received China's first steer-by-wire production permit.
China Automotive News · 2024-12-10
News Flash丨Xiaomi Auto to Commences Global Expansion
Xiaomi Automobile ramps up its overseas expansion efforts, establishing a new team to test and prepare for international vehicle sales. The SU7 model will be sold via Xiaomi Home stores.
myzaker · 2024-12-13