Policy
Beijing to renew trade-in subsidies that encourage NEV purchases
Beijing introduced a policy to encourage residents to replace their vehicles with NEVs in June 2022, and it expired at the end of last year.
China launching pilot program to boost EV adoption in public sectors
This is the latest measure in China aimed at boosting the EV industry, which previously saw high growth in the private sector.
Shanghai extends $1,500 subsidy to encourage residents to replace cars with EVs
The policy was first released in Shanghai last May and was valid until the end of 2022.
Beijing to hand out 100,000 license plates in 2023, 70% to EVs
From January to October 2022, a total of 493,600 new vehicles were sold in Beijing, 34.24 percent of which were NEVs.
ICE vs BEV vs PHEV -- Shanghai points way forward for China
Where Shanghai goes, the rest of China follows.
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 industry to maintain market order, a government document said today.
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.