Policy

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 extra 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. ...
China downgrades Covid control in decisive break with zero-Covid policy
This is another major adjustment to the Covid control policy since China began implementing strict Class A infectious disease prevention and control measures on January 20, 2020. ...
OpinionShanghai will no longer offer free license plates to PHEVs in 2023, what does this mean for NIO?
These factors suggest spectacular explosive growth for 2023 NIO Shanghai sales. ...
Delisting risks in rearview mirror as US regulators complete review of Chinese firms' audit records
Delisting risks lifted for 173 US-listed Chinese companies, including NIO, XPeng and Li Auto. ...
OpinionICE 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 govern ...
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. ...
EV stocks extend gains as China's zero-Covid policy sees significant easing
At press time, NIO extended gains in Hong Kong to 16.49 percent to HK$81.95, XPeng rose 9.52 percent to HK$28.75 and Li Auto rose 10,51 percent to HK$71. ...