The previous target was for the figure to reach 40 percent by 2030 and 50 percent by 2035.
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Category: Policy
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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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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US mulls raising tariffs on Chinese EVs, report says
The US government is discussing raising tariffs on some Chinese goods, including EVs, the Wall Street Journal reported. Chinese EVs currently entering the US are already subject to a 25 percent tariff.
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Shanghai to continue offering free license plates for purchasing all-electric vehicles in 2024
In November, a total of 65,946 vehicles were registered in Shanghai, with passenger NEVs contributing 67 percent.
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Shanghai to start pilot operation of autonomous buses in downtown area
Shanghai has opened a total of 926 roads for autonomous driving tests, with a total mileage of 1,800 kilometers.
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Chinese eVTOL maker Ehang gets commercial operation qualification for its unmanned aerial vehicle
Ehang's EH216-S passenger-carrying unmanned aerial vehicle has received type certificate in China, the first case in the world, according to the company.
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BYD doesn’t worry about EU anti-subsidy probe, exec says
The growth of EVs is a revolution that many people don't understand, but once you share the data and the reality, they realize there is nothing to be challenged, a BYD executive said.
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EU formally initiates anti-subsidy probe into EVs from China; China voices opposition
The investigation will be concluded within 13 months, and any provisional anti-subsidy duties can be levied within nine months after initiation if legally warranted.
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Anhui plans legislation to further promote local NEV industry
Anhui's legislature has given the first review to a draft law on building local NEV clusters, China's first dedicated NEV-focused law.
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