- Sichuan to offer subsidy of at least RMB1,000 per car to rural consumers
Sichuan province will subsidize new-vehicle sales produced locally to help spur demands and cushion the impact of the coronavirus outbreak.
Apr. 09 , 2020
- Changan Automobile begins building drive-by-wire platform for Level 4 autonomous vehicles
Chinese automaker Changan Automobile recently initiated the building of a drive-by-wire operation platform for Level 4 autonomous vehicles, according to a local media outlet, deepening its offensive i...
Apr. 07 , 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’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
- Changchun, Ningbo offer subsidies for car purchases
Two more cities in China, Changchun and Ningbo, joined the string of local governments that offer subsidies to boost car consumption, which is depressed by the COVID-19 spread.
Mar. 30 , 2020
- Hangzhou adds 20,000 fuel-burning car license plates to simulate auto sales
China’s local governments are taking steps to boost car sales that have fallen for two consecutive years and are worsened due to the coronavirus pandemic by increasing annual quota of new license pl...
Mar. 27 , 2020
- Nanchang to offer RMB1,000 per car subsidy to stimulate new car spending
Nanchang, capital of Jiangxi province, has launched the plan to stimulate demand for automobiles after the coronavirus epidemic hit the sales badly, according to a post on Sina Weibo of Nanchang Civil...
Mar. 26 , 2020
- Xpeng Motors said to get car-building qualification through buyout of vehicle manufacturer
Chinese EV startup Xpeng Motors has reportedly obtained the car-building qualification by investing in a Guangzhou-based complete vehicle manufacturer.
Mar. 21 , 2020
