Market & Industry
Chinese city to invest 1.1 billion yuan to build charging piles

ZhongShan, a southern city in China, has released a draft version of the Outlet of the development and deployment of alternative energy vehicles in ZhongShan (herein after referred as the Draft) on the official website of Zhongshan Development & Reform Bureau on June 14th. According to the Draft, ZhongShan will grant 1.1 billion yuan over the next five years to equip the city with adequate charging facilities, and boost the number of alternative energy vehicles to 9,500 units and the number of charging piles to 10,000 units by 2020.

Jun. 16 , 2016
China’s Government to Stop Implement of Policy of Halving Tax on Vehicles Purchase

China’s government may no more implement policy of decreasing tax on purchasing vehicles with displacement of 1.6L or less since December 31 in 2016. However, China Association of Cars Manufacturers is planning to apply for extending implement period.

Jun. 16 , 2016
More than 30m units faulty vehicles are recalled in China, 20% of which can’t be returned

Reporters learn from General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) that, more than 30m units’ faulty vehicles are recalled by the end of May, 2016. But, for some reasons, about 20% of them cannot be successfully returned.

Jun. 16 , 2016