Policy

China voices opposition as EU reportedly to impose extra tariffs on Chinese EVs

The European Commission is about to notify carmakers that it will temporarily impose additional tariffs of up to 25 percent on imported Chinese EVs from next month, according to the Financial Times.

China may devote about $830 million to support all-solid-state battery R&D, report says

Six companies, including CATL, BYD, FAW, SAIC, WeLion and Geely, may receive basic government R&D support, according to China Daily.

US announces tariff hike on Chinese EVs from 25% to 100%

China urged the US to immediately correct its wrongdoings, saying the country will take resolute measures to defend its rights and interests.

China offers incentives to boost old car replacements, analysts expect up to 2 million additional sales

China has issued policy details encouraging consumers to trade in old cars for new ones, starting to offer subsidies of up to RMB 10,000 ($1,380), effective by the end of the year.

China releases action plan to encourage trade-in of consumer goods including cars

China aims to double the amount of scrapped cars recycled by 2027 compared to 2023.

China eases auto loan policy to spur consumption

Cars for personal use will be eligible for 0 percent down payment, while previously consumers were required to pay at least 20 percent of down payment for conventional cars and at least 15 percent for NEVs.

China issues guidelines to promote general aviation equipment, including eVTOLs

China aims to fully integrate general aviation equipment into all areas of production and life by 2030, creating a market in the scale of RMB trillions.

China files WTO complaint over US IRA EV incentives

China urges the US to correct discriminatory industrial policies and maintain the stability of the global industrial chain and supply chain of NEVs.

EU investigators to come to China to inspect BYD, Geely and SAIC, report says

European Commission investigators will come to inspect Chinese carmakers in the coming weeks as part of an investigation into whether to impose punitive tariffs to protect Europe's EV makers, Reuters reported.

China aims for NEVs to contribute 45% of new car sales by 2027

The previous target was for the figure to reach 40 percent by 2030 and 50 percent by 2035.
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