Market & Industry
The first batch of non-automobile enterprises will obtain alternative energy vehicle production licenses in China, which may increase competition

Dozens of non-automobile enterprises are applying alternative energy vehicle production licenses, and it is predicted that a few qualified companies will get the licenses in the near future.

Nov. 9 , 2015
New policy of vehicle purchase tax cut tax of 3.68 billion yuan in the first month, helping automobile market warming up

Data from State Tax Administration (STA) showed thatthe passenger car with displacement less than 1.6L segment has a sales volume of 919,000, increasing 7.7% and 11% with October last year and September this year respectively. Apart from several vehicles in process, 891,000 qualified vehicles have been cut tax of 3.68 billion yuan, with significant benefit effects.

Nov. 5 , 2015