Policy

Factbox: China's NEV purchase tax policy changes from Jan 1, here's how

Simply put, consumers who buy NEVs with an invoice amount exceeding RMB 339,000 are required to pay purchase tax. Models that support battery swap get preferential treatment.

US mulls raising tariffs on Chinese EVs, report says

The US government is discussing raising tariffs on some Chinese goods, including EVs, the Wall Street Journal reported. Chinese EVs currently entering the US are already subject to a 25 percent tariff.

Shanghai to continue offering free license plates for purchasing all-electric vehicles in 2024

In November, a total of 65,946 vehicles were registered in Shanghai, with passenger NEVs contributing 67 percent.

Shanghai to start pilot operation of autonomous buses in downtown area

Shanghai has opened a total of 926 roads for autonomous driving tests, with a total mileage of 1,800 kilometers.

EU formally initiates anti-subsidy probe into EVs from China; China voices opposition

The investigation will be concluded within 13 months, and any provisional anti-subsidy duties can be levied within nine months after initiation if legally warranted.

Anhui plans legislation to further promote local NEV industry

Anhui's legislature has given the first review to a draft law on building local NEV clusters, China's first dedicated NEV-focused law.

Shenzhen offers subsidies of up to $1,370 to encourage purchase of NEVs

By the end of this year, Shenzhen residents can receive a subsidy of up to RMB 10,000 if they purchase NEVs when they scrap their old fuel cars.

China urges dialog after EU announces anti-subsidy probe into EVs

The EU should create a fair, non-discriminatory and predictable market environment for the joint development of the EV industry in China and Europe and jointly oppose trade protectionism, China's Ministry of Commerce said.

China Chamber of Commerce expresses opposition to EU anti-subsidy probe against Chinese EVs

Chinese EV manufacturers and their partners have continued to push the boundaries of innovation, resulting in a substantial industrial edge, and this advantage is not a product of state subsidies, a statement said.

Analysts downplay impact of EU anti-subsidy probe on EVs from China

Analysts don't think the EU's allegations of low prices for Chinese EVs are valid, and there is no unity of opinion within the bloc.