Policy

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. ...
China voices support for NEV exports
China supports NEV companies to accelerate the construction of overseas marketing and after-sales service networks and increase brand promotion efforts, a senior official said. ...
China waives about $6 billion worth of NEV purchase taxes in Jan-July
China's policy is expected to exempt about RMB 100 billion of NEV purchase taxes next year. ...
Nvidia says it got US permit to export key chips in updated filing
The US government authorized A100 and H100 order fulfillment and logistics through the company's Hong Kong facility through September 1, 2023, Nvidia said. ...
China voices opposition to US export restrictions on Nvidia GPU chips
The US should immediately stop its wrongdoing and treat companies from all countries, including Chinese companies, fairly, China's Ministry of Commerce said. ...
Nvidia's GPU export restrictions may hinder self-driving R&D for Chinese EV makers
NIO is using the Nvidia HGX A100 to build a data center infrastructure to accelerate the development of smart driving technology. ...
China's Hainan to completely ban sales of ICE vehicles by 2030
By 2030, 100 percent of new and replacement vehicles in the private sector in Hainan will be NEVs. ...
China to extend NEV purchase tax exemption to end of 2023
China will establish a coordination mechanism for the development of the NEV industry and will vigorously build charging piles. ...
CPCA says purchase tax on NEVs will be inevitable in China
As ownership of conventional ICE vehicles shrinks dramatically, the tax gap will need to be filled by a tax system for EVs, the CPCA said. ...
China to extend purchase tax exemption for NEVs, says top govt meeting
China's policy of exempting NEVs from purchase taxes has been extended several times over the years. ...