Dual Credit4

China's 'dual credit' policy, what you need to know
The unit price of new energy credits in China has risen from RMB 300-500 initially to RMB 2,500-3,000, according to a previous research report by Industrial Securities. ...
Chinese automakers can now start trading their NEV credits, what does this mean for NIO, XPeng, and Li Auto?
Car companies including NIO, XPeng Motors, Li Auto, Tesla China, and BYD have accumulated a lot of new energy credits last year, and now they can start trading them. ...

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Why does SAIC continue to produce Mini EV when each car contributes less than $14 net profit?
Mini EV is priced at RMB 28,800 ($4,451)-RMB 43,600, and its parts cost up to about RMB 20,000. ...
Carmakers earn 4.37 million positive points in 2020 under China's dual credit policy
Automakers in China have 4.37 million positive points and 1.07 million negative points for new energy vehicles in 2020 under the dual credit policy. ...
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