Rumors emerge that China’s NEV subsidies may extend into 2023
Rumors have recently surfaced that China's subsidies for NEVs may be renewed, but the amount will be only 50 percent of what it was in 2022.
Chinese regulators vow to crack down on price gouging as lithium prices rise to staggering levels
China will strictly investigate and punish hoarding, price gouging and unfair competition in the upstream and downstream lithium battery…
China has exempted about $10 billion in purchase taxes on NEVs so far this year
As of November 10, a total of 4.48 million NEVs has been sold in China this year, up 78.1 percent year-on-year.
Southern Chinese city Sanya offers subsidies of up to $1,380 for battery swap-enabled models
From now until March 31, 2023, Sanya is offering additional subsidies for battery swap-enabled models.
China extends NEV purchase tax exemption until end of 2023 in official announcement
Three Chinese government departments announced in a joint statement that NEVs purchased between January 1, 2023 and December 31, 2023 will be…
China voices support for NEV exports
China supports NEV companies to accelerate the construction of overseas marketing and after-sales service networks and increase brand…
China waives about $6 billion worth of NEV purchase taxes in Jan-July
China's policy is expected to exempt about RMB 100 billion of NEV purchase taxes next year.
Nvidia says it got US permit to export key chips in updated filing
The US government authorized A100 and H100 order fulfillment and logistics through the company's Hong Kong facility through September 1, 2023,…
China voices opposition to US export restrictions on Nvidia GPU chips
The US should immediately stop its wrongdoing and treat companies from all countries, including Chinese companies, fairly, China's Ministry of…
Nvidia’s GPU export restrictions may hinder self-driving R&D for Chinese EV makers
Nio is using the Nvidia HGX A100 to build a data center infrastructure to accelerate the development of smart driving technology.