NEV Subsidies

  • Nio releases new subsidy package as state subsidies for NEVs shrink Nio

    Nio releases new subsidy package as state subsidies for NEVs shrink

    Individual consumers can receive a subsidy of RMB 11,340 for a model with a standard 75-kWh battery pack, or RMB 12,600 for a 100-kWh pack model.

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  • CPCA head expects China's NEV sales to top 6 million in 2022 as consumers seize final subsidies EV Industry

    CPCA head expects China's NEV sales to top 6 million in 2022 as consumers seize final subsidies

    He expects China's NEV sales to increase significantly by the end of 2022 before subsidies are removed in 2023.

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  • Chinese consumers take last chance to buy NEVs, even show cars, before subsidies fall EV Industry

    Chinese consumers take last chance to buy NEVs, even show cars, before subsidies fall

    Three of the four show cars at Xpeng's flagship store in Beijing were sold at the beginning of the month and have not yet been restocked.

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  • China's subsidies for NEVs will be reduced by 30% starting tomorrow and will no longer be available starting 2023 EV Industry

    China's subsidies for NEVs will be reduced by 30% starting tomorrow and will no longer be available starting 2023

    China's purchase subsidies for NEVs will be reduced by 30 percent in 2022, and no more subsidies will be provided in 2023.

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  • Xpeng allows consumers who purchase vehicles before Jan 10 to continue to enjoy this year's higher subsidies Xpeng

    Xpeng allows consumers who purchase vehicles before Jan 10 to continue to enjoy this year's higher subsidies

    China's subsidies for new energy vehicle purchases are set to decrease by 30 percent in 2022 compared to this year.

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  • Xpeng to reduce benefits for car buyers as China's subsidies set to roll back next year Xpeng

    Xpeng to reduce benefits for car buyers as China's subsidies set to roll back next year

    Xpeng's three currently available models, the G3i, P5 and P7, will have their purchase benefits reduced by about half.

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  • China's subsidies for NEVs set to decline next year, and this is what Nio is offering to year-end buyers Nio

    China's subsidies for NEVs set to decline next year, and this is what Nio is offering to year-end buyers

    China's subsidies for NEVs will be reduced by 30 percent next year, and Tesla decided last week to let consumers immediately bear the cost increase.

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  • Tesla gets 9 million subsidies in China for vehicles sold in 2020, 327% more than Nio Tesla

    Tesla gets $329 million subsidies in China for vehicles sold in 2020, 327% more than Nio

    Tesla received Chinese state subsidies for 101,082 vehicles sold in the country in 2020, for a combined amount of RMB 2.123 billion ($329 million).

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  • Guangdong's Foshan City to provide subsidies of up to about ,085 to consumers who purchase NEVs EV Industry

    Guangdong's Foshan City to provide subsidies of up to about $3,085 to consumers who purchase NEVs

    More and more local governments in China are introducing measures to accelerate the acceptance of new energy vehicles.

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