Category: China

Tesla continues insurance subsidy for Model 3 inventory in China, but at reduced amount

Customers who ordered a rear-wheel-drive version of the Model 3 that had already been produced between January 1 and January 31 will receive an insurance subsidy of RMB 6,000 yuan. The amount is lower than last month's RMB 8,000.

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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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