Industry News2 Min Read RainManonJanuary 21, 2022 China’s top economic planner voices support for NEV industry in new initiative China's NDRC has released a new proposal that again mentions support for the NEV industry and the battery swap model.
Industry News2 Min Read RainManonJanuary 20, 2022 Shenzhen brings new policy support for NEVs by offering free parking hours From now until the end of next year, users of NEVs in Shenzhen will be able to enjoy at least one hour of free parking per day.
Industry News2 Min Read RainManonJanuary 20, 2022 China’s NEV purchase tax incentive, set to expire at year-end, expected to continue A senior Chinese official said support policies, including the renewal of the purchase tax incentive for NEVs, need to be studied and…
Industry News2 Min Read RainManonJanuary 13, 2022 China’s NEV fleet reaches 7.84 million, 81.6% BEVs This represents only 2.6 percent of China's total vehicle fleet, implying huge room for growth.
Industry News2 Min Read RainManonJanuary 12, 2022 China ranks first in global NEV sales for seven consecutive years China also saw important progress in vehicle intelligence last year, with sales of passenger cars equipped with assisted driving systems…
Industry News2 Min Read RainManonJanuary 12, 2022 China sells 531,000 NEVs in Dec, up 114% year-on-year, CAAM data show In 2021, China's NEV sales were 3.521 million units, up 157.5 percent year-on-year.
Industry News2 Min Read RainManonJanuary 11, 2022 China’s latest subsidy policy a boon for NEV industry because of removal of cap on vehicle units, CPCA says Previously China provided subsidies for up to 2 million NEVs per year.
Industry News3 Min Read RainManonJanuary 11, 2022 China’s wholesale sales of passenger NEVs reached record 505,000 units in Dec, CPCA data show China's December new energy passenger vehicle sales set another record, with many consumers buying such models before subsidies are reduced.
Industry News2 Min Read RainManonDecember 31, 2021 CPCA head expects China’s NEV sales to top 6 million in 2022 as consumers seize final subsidies He expects China's NEV sales to increase significantly by the end of 2022 before subsidies are removed in 2023.
Industry News3 Min Read RainManonDecember 31, 2021 China’s subsidies for NEVs will be reduced by 30% starting tomorrow and will no longer be available starting 2023 China's purchase subsidies for NEVs will be reduced by 30 percent in 2022, and no more subsidies will be provided in 2023.