China Auto Market

China unveils policy to boost consumption of NEVs in rural areas
BYD has six models on the list, and Leapmotor, WM Motor, Neta and Ora also have models eligible to participate in the campaign. ...
China halves purchase tax on mainstream ICE vehicles for rest of the year
The purchase tax will be cut in half for passenger cars of 2.0 liters and below with a purchase date between June 1 and December 31 and with a price not exceeding RMB 300,000. ...
Shenzhen issues measures to boost consumption, including NEVs
Shenzhen will increase the availability of quotas for regular cars and provide subsidies to consumers who buy NEVs. ...
China's passenger car retail sales expected to fall 19% year-on-year in May, CPCA says
Although some companies in Shanghai and surrounding cities are starting to resume production, it will be difficult to return to normal levels by the end of May, the CPCA said. ...