Gasgoo.com (Shanghai October 14) - Chery Jaguar Land Rover has officially gained passenger automobile production rights from the Ministry of Industry and Information Technology, the Beijing Morning Post reported today. With the MIIT's approval, the countdown to the joint venture's first domestically manufactured automobile is beginning. Its first model, the Range Rover Evoque, will begin mass production at the end of October at its factory in Changshu, Jiangsu; its official market launch will follow soon after. Industry analysts point out that domestically-manufactured vehicles can save up to 25 percent in costs due to not having to pay import duties, which makes them very competitive from a pricing standpoint.
Oct. 18 , 2014Gasgoo.com (Shanghai October 3) - Ever since the State Council released its announcement on how to speed up development of new energy vehicles in the country, both national and regional departments have been working hard to implement policies favorable to the promotion of new energy vehicle sales. On this end, in the end of July, the National Development and Reform Commission announced that it would revise electricity prices for vehicle charging infrastructure. The next month, the Ministry of Finance announced that eligible new energy vehicles would soon be exempt from the Vehicle Purchase Tax; a list of these vehicles was released soon after by the Ministry of Industry and Information Technology.
Oct. 8 , 2014