Three senior executives of Suzhou Gemsea Coach Manufacturing Co., an electric bus manufacturer, face trials on charges that they committed fraud to gain electric vehicle subsidies, according to a Chinese media report.
Dec. 14 , 2016
Light-vehicle deliveries in China rose 17 percent year on year to 2.59 million units in November, as shoppers rushed to buy small vehicles before government tax incentives expire.
Dec. 14 , 2016
The letter caused a great disturbance. Some of the skeptics and competitors began to blame LeEco and some supporters became hesitate and changing from support to wait-and-see. While Mr Jia said he has no regret for this.
Dec. 13 , 2016
Govt incentives remain the primary driver of the industry, rather than organic demand or products' competitiveness.
Dec. 13 , 2016
China will further open up the segments of batteries of new energy vehicles and automotive electronics to foreign investment, to level the playing field in the world's largest auto market, according to a revised guidance by the National Development a
Dec. 13 , 2016
CHINA will continue to be the most important growth driver of the global auto industry in 2017 as it is this year, while new-energy vehicles and smart connected cars are set to become hot in the next decade in the domestic market, a report said yeste
Dec. 13 , 2016