- China to lower threshold of market access for NEV manufacturers
China’s is to ease the admission regulation over new energy vehicle (NEV) manufacturers and their product production to invigorate the market.
Apr. 07 , 2020
- Shanghai streamlines procedures for NEV users getting license plates
Shanghai has simplified the operational procedures for consumers to get their NEVs licensed, in a bid to help the industry weather the coronavirus-hit period and further popularize NEVs.
Apr. 03 , 2020
- Chinese home appliance producer Midea said to tap NEV field
Chinese home appliance giant Midea Group will spend RMB740 million to control 23.73% of voting shares in Beijing-based variable frequency drive supplier Hiconics Eco-energy Technology (Hiconics).
Apr. 02 , 2020
- China extends subsidy for NEV purchase for two years
China has determined to extend the validity period of the subsidies on new energy purchases and NEV purchase tax exemption for two years, state media reported on March 31.
Mar. 31 , 2020
- China’s authorities roll out market-saving policies to spur car sales
China auto industry is calling for stronger incentives to spur domestic auto sales, which are further crippled by the COVID-19 spread after two consecutive years of downturn.
Mar. 30 , 2020
- Geely-backed NEV brand Maple unveils first production model Maple 30X
Maple, a NEV brand backed by Geely Technology Group, unveiled the look of its first production EV model, the Maple 30X, which rolled off the production line on Jan. 13 and is said to be launched in Ap...
Mar. 25 , 2020
- Evergrande Health expected to record 2019 net loss of RMB3.2 bln in NEV business
On March 22, Evergrande Health, a listed subsidiary of Evergrande Group, warned of a year-on-year widened net loss in 2019 due to its investment in new energy vehicle (NEV) business.
Mar. 23 , 2020
- Guangzhou carries more measures to revive auto consumption
Guangzhou municipal government on March 20 carried a bill in a bid to introduce more practical policies to boost local auto consumption, which has been whittled down by the COVID-19 spread.
Mar. 23 , 2020
