Smart and Sustainable Electric Mobility
Turkey has imposed an additional 40 percent tariff on China-made electric vehicles as the country prepares to launch its first locally produced EV, the Togg.
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Beijing introduced a policy to encourage residents to replace their vehicles with NEVs in June 2022, and they expired at the end of last year.
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This is the latest measure in China aimed at boosting the EV industry, which previously saw high growth in the private sector.
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The policy was first released in Shanghai last May and was valid until the end of 2022.
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From January to October 2022, a total of 493,600 new vehicles were sold in Beijing, 34.24 percent of which were NEVs.
The post Beijing to hand out 100,000 extra license plates in 2023, 70% to EVs appeared first on CnEVPost.
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This is another major adjustment to the Covid control policy since China began implementing strict Class A infectious disease prevention and control measures on January 20, 2020.
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These factors suggest spectacular explosive growth for 2023 NIO Shanghai sales.
The post Shanghai will no longer offer free license plates to PHEVs in 2023, what does this mean for NIO? appeared first on CnEVPost.
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Where Shanghai goes, the rest of China follows.
The post ICE vs BEV vs PHEV -- Shanghai points way forward for China appeared first on CnEVPost.
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Rumors have recently surfaced that China's subsidies for NEVs may be renewed, but the amount will be only 50 percent of what it was in 2022.
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China will strictly investigate and punish hoarding, price gouging and unfair competition in the upstream and downstream lithium battery industry to maintain market order, a government document said today.
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