Policy
Nio, Li Auto respond to China's new energy vehicle subsidy retreat
Nio said if customers pay the deposit on and before January 10, they can still purchase the car at the actual price in 2020, and the difference in the amount of national financial subsidies will be borne by Nio.
China's 2021 new energy vehicle subsidies to fall by 20 percent
China's new energy vehicle subsidies in 2021 will be backed down by 20% compared to 2020, four ministries, including China's Ministry of Finance, said in a document released today.
Shanghai extends policy of issuing free NEV plates until end of Feb, which could further boost sales of Tesla and Nio
As one of the cities with the largest number of cars, Shanghai's policy has a significant impact on the auto market. The city has extended its current policy of issuing free new energy vehicle plates as it expires in a few days.
Shanghai govt meeting adopts plan that will accelerate development of new energy vehicle industry
The Shanghai government held an executive meeting today to decide that it will accelerate the development of the local new energy vehicle industry.
Nio ES6 delivery time extended to 4-5 weeks as new Shanghai policy spurs local demand
With the increase of travel restrictions on non-local vehicles in Shanghai, the sales of new energy cars such as Nio and Tesla, which can directly obtain dedicated local licenses, are booming.
Shanghai steps up traffic management, analyst says it's good for Tesla, Nio
Shanghai recently issued new rules to increase restrictions on the passage of vehicles with license plates from other provinces and cities, which, in the opinion of analysts, will facilitate the sale of new energy vehicles such as Tesla and Nio that can obtain local license plates for free.
New perspective explains why China is strongly supporting Tesla, Nio
A user on Zhihu, a question-and-answer website like Quora, gives his view from a new angle as to why China is supporting new energy carmakers like Tesla and Nio.
Shanghai opens first downtown area autonomous driving test zone
Shanghai's first open test road for autonomous driving in the central city is unveiled, with a planned mileage of 30.6 km, involving 10 roads in the Jinqiao area.
Tesla does the opposite of Nio as Chinese subsidies roll back
As China's subsidies for new energy vehicles recede, Nio said the price spreads this creates for its potential customers will be borne by it for some time.
Nio gains, Tesla loses as China unveils new policy for subsidies
China today extended the financial subsidy policy of new energy vehicles to the end of 2022 and eased the intensity and pace of subsidy withdrawal.