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  BYD’s Jan.-Nov. sales in 2023 surge 64.29% over year-ago period

  For the first 11 months of 2023, BYD sold a total of 2,683,374 vehicles, representing a 64.29% year-on-year surge.

• Li Auto achieves 2023’s annual sales target ahead of schedule

  Li Auto Inc., one of Chinese main new energy vehicle makers, today announced that the company delivered 41,030 vehicles in November 2023, reflecting a spike of 172.9% year over year.

• Iron Ore Inventories Across 35 Chinese Ports Build Up

  As of December 1, iron ore inventories across 35 ports tracked by SMM totalled 112.08 million mt, up 1.59 million mt WoW but down 18.37 million mt YoY.

• Aluminium billet stocks in China fell back

  Due to recent aluminium price drops, some downstream extrusion factories have been stocking up at year-end lows, and their operating rates rose.

• NIO posts 12.6% year-on-year growth in Nov. 2023 deliveries

  NIO delivered 15,959 vehicles in November 2023, reflecting a 12.6% year-over-year increase, the Chinese new energy vehicle (NEV) maker announced today.