News
China plans to launch policy to alleviate coronavirus impact on automobile spending
China plans to launch policy to alleviate coronavirus impact on automobile spending

China’s authorities will draw up and promote the policies that help further stabilize automobile consumption, so as to mitigate the impact from coronavirus outbreak, according to a spokesman for China’s Ministry of Commerce (MOFCOM).

Feb. 21 , 2020
“Mask producer” SAIC-GM-Wuling starts producing mask-production machine
“Mask producer” SAIC-GM-Wuling starts producing mask-production machine

Now, SAIC-GM-Wuling has been involved in manufacturing the machine that outputs masks.

Feb. 20 , 2020
GAC NIO’s HYCAN 007 granted NEV subsidy, exemption from vehicle purchase tax by MIIT
GAC NIO’s HYCAN 007 granted NEV subsidy, exemption from vehicle purchase tax by MIIT

The HYCAN 007, the first mass-produced model under HYCAN, has been brought into a catalogue issued by China’s MIIT, meaning the all-electric model has been allowed to enjoy the state’s NEV subsidy and been exempted from vehicle purchase tax.

Feb. 20 , 2020