Author: Phate Zhang/CnEVPost

Factbox: China’s NEV purchase tax policy changes from Jan 1, here’s how

Simply put, consumers who buy NEVs with an invoice amount exceeding RMB 339,000 are required to pay purchase tax. Models that support battery swap get preferential treatment.

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VW Anhui starts production of Cupra Tavascan EV for export to Europe

Volkswagen Anhui has started production of the Cupra Tavascan for export to Europe, and another Volkswagen-branded model for the Chinese market will roll off the production line in 2024.

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Xiaomi unveils its 1st EV model SU7, aims to be among top 5 automakers globally in 20 years

Xiaomi wants to become one of the top five car companies in the world in 15-20 years and aims to be among the top-tier players in the smart driving space in 2024.

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