Policy

  • One of China's highest-level meetings calls for support to speed up development of NEVs

    The Political Bureau of the Communist Party of China Central Committee said at a meeting on Friday that the country should tap the potential of the domestic market and support the accelerated development of new energy vehicles, according to Xinhua.

  • China's new power pricing mechanism expected to give energy storage industry boost

    "The economic modeling of investments in energy storage projects is expected to be validated, and demand for customer-side energy storage is expected to grow at a high rate."

  • China to implement new auto return policy from next year

    As new energy vehicles are rapidly gaining acceptance among Chinese consumers, consumer protection policies are being improved.

  • 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.

  • China issues guidance to promote development of energy storage industry

    With the rapid development of the new energy vehicle industry, the energy storage industry is also receiving policy support.

  • Guizhou aims to have charging piles in every township by 2023

    Guizhou province in southwestern China recently announced a three-year action plan for electric vehicle charging infrastructure construction, planning to build 4,500, 5,000 and 5,500 electric vehicle charging piles in 2021, 2022 and 2023, respectively.

  • Shenzhen considers policies to facilitate NEV owners to purchase additional vehicles

    Shenzhen will actively expand local auto consumption by considering policies to facilitate the purchase of additional small vehicles by owners of NEVs.

  • Shanghai aims to reach about $54 billion in NEV output by 2025

    Shanghai aims to further increase the share of electric vehicles and fuel-cell vehicles, promote the transformation of car companies into emerging industries and nurture auto parts companies with tens of billions yuan in sales.

  • Hunan becomes China's first province to pilot low-altitude flights in historic move to explore opening up strictly regulated area

    Central China's Hunan province has become the first province in the country to be allowed to pilot full-field low-altitude flights, CCTV said in a brief report on July 17, citing China's National Civil Aviation Administration.

  • Guangzhou pilot allowing self-driving cars to drive alongside human-driven vehicles

    Guangzhou announced the official launch of a pilot program for self-driving cars to drive alongside human-driven vehicles, marking a key step toward the adoption of autonomous driving at scale.