- China’s Hefei to grant tax break, subsidies to boost car sales
The Hefei municipal government has released a slew of policies to help boost automobile consumption, as part of its economic stimulus package.
June 17 , 2022
- China’s Guangzhou to set up 10-billion-yuan fund for ICV, NEV development
China's Guangzhou plans to build a 10 billion yuan ($1.481 billion) worth of fund to promote the development of local intelligent-connected vehicle (“ICV”) and new energy vehicle (“NEV”) indus...
June 14 , 2022
- China’s MIIT to conduct study on whether to extend NEV purchase tax exemption
Xin Guobin, vice minister of China's Ministry of Industry and Information Technology (MIIT), said on Tuesday at a press conference that a study would be made as soon as possible on whether to continue...
June 14 , 2022
- Shanghai’s Jiading District to boost car sales by offering subsidies
Jiading District in east China's Shanghai recently issued a slew of policies for spurring car shopping demands, one of which is to offer car buyers subsidies.
June 01 , 2022
- Guangdong releases policies to spur car sales
China's Guangdong province has released a host of measures to help boost car demands as part of its economic stimulus package.
June 01 , 2022
- Shenzhen issues measures to boost automobile consumption
South China's metropolis of Shenzhen has released a slew of measures to spur automobile sales, according to a governmental document posted on the official website of Shenzhen's municipal government.
May 26 , 2022
- China to cut passenger vehicle purchase tax by 60 billion yuan
China will provide cuts of 60 billion yuan ($8.977 billion) on passenger vehicle purchase taxes.
May 24 , 2022
- SAIC Motor’s Roewe to raise NEV prices due to subsidy decline, chip shortage
Roewe, a brand of SAIC Motor Passenger Vehicle Company, has already joined the lineup of automakers who raise prices of new energy vehicle (NEV) models to handle the national NEV subsidiary reduction ...
Feb. 14 , 2022
