Policy

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 exempt from purchase taxes.

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 promotion efforts, a senior official said.

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, Nvidia said.

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 Commerce said.

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.

Xpeng's vehicle license plate issue in Shanghai has been resolved

The issue was caused by the relocation of Xpeng's Shanghai service center resulting in relevant information not being uploaded in a timely manner, according to local media.

Xpeng vehicles reportedly denied license plates in Shanghai due to violation of local policy

Shanghai was the fourth-largest city for Xpeng P7 sales in the first half of the year, and the second-largest city for Xpeng P5 and G3 series sales.
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