Category: Policy

China offers incentives to boost old car replacements, analysts expect up to 2 million additional sales

China has issued policy details encouraging consumers to trade in old cars for new ones, starting to offer subsidies of up to RMB 10,000 ($1,380), effective by the end of the year.

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China’s major automakers gather in Beijing to discuss industry development, report says

The meeting covered topics including promoting the development of the NEV industry, boosting NEV consumption, and encouraging the expansion in overseas markets, according to local media.

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EU investigators to come to China to inspect BYD, Geely and SAIC, report says

European Commission investigators will come to inspect Chinese carmakers in the coming weeks as part of an investigation into whether to impose punitive tariffs to protect Europe's EV makers, Reuters reported.

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China issues guidelines for vehicle-grid interaction, aims for NEVs to be mobile energy storage facilities

China aims for NEVs to become an important part of the energy storage system by 2030, providing tens of millions of kilowatts of regulation capacity to the power system.

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