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Wednesday 23 August 2023
China extends EV tax incentives through 2027 to boost lagging demand
In June 2023, the Chinese government introduced two notable policies targeting the EV sector. One policy involves EV tax breaks, while the other entails the expansion of the new energy...
Wednesday 23 August 2023
Tesla, Chinese automakers set to miss 2023 sales growth targets
Tesla and Chinese automakers such as BYD are all expected to miss their sales growth projections for 2023, with no company hitting 50% in the first half of the year, according to...
Wednesday 28 June 2023
China auto market recovery remains insignificant
The recovery of the Chinese auto market is expected to be insignificant in June, according to statistics from the China Passenger Car Association (CPCA).
Friday 26 August 2022
Chinese EV maker Li Auto to develop SiC power modules
Li Auto broke ground recently on its power semiconductor R&D and production base in Suzhou, China, a milestone for the electric vehicle (EV) maker. The move is a strategic one,...
Monday 7 March 2022
China to end NEV subsidy policy at end of 2022
China recently announced it will cut new energy vehicle (NEV) subsidies. Subsidies will be reduced by 30% in 2022 compared to 2021 and will be completely cut at the end of the year,...
Monday 21 February 2022
EV with Huawei's Harmony OS expected to arrive in March 2022
California-based Seres, a subsidiary of Chongqing Sokon Industrial Group, revealed that deliveries of the AITO Wenjie M5 mass-produced electric vehicle (EV), jointly developed by...
Friday 15 November 2019
China sales of new energy cars down in October
China-based makers produced 95,000 new energy vehicles and sold 75,000 units in October 2019, decreasing 35.4% and 45.6% respectively on year, according to China Association of Automobile...
Monday 16 September 2019
China new energy car industry sees on-year declines in August
China-based makers produced 87,000 new energy vehicles and sold 85,000 units in August, decreasing 12.1% and 15.8% respectively on year, according to China Association of Automobile...
Friday 16 August 2019
China July new energy cars sales down
China-based makers produced 84,000 new energy vehicles and sold 80,000 units in July, decreasing 6.9% and 4.7% respectively on year, according to China Association of Automobile Manufacturers...
Friday 12 July 2019
China new energy car sales up in June
China-based makers produced 134,000 new energy vehicles and sold 152,000 in June, increasing 56.3% and 80.0% respectively on year, according to China Association of Automobile Manufacturers...