EV
China to exempt NEV purchase tax for another 3 years
China to exempt NEV purchase tax for another 3 years

China’s Ministry of Finance announced on Wednesday that the new energy vehicle (NEV) purchasing tax exemption will be continued for another 3 years, from the first day of 2018 to the end of 2020.

Dec. 27 , 2017
China should make regulations for development of methanol vehicles
China should make regulations for development of methanol vehicles

The industry has made great progress in the problems of cool starting and the reliability in methanol supply system. Thus, the government and relevant departments should formulate policies to promote the popularity of methanol vehicles.

Dec. 27 , 2017
Baoneng invests RMB 30 billion (about $ 4.6 billion) in NEV sector
Baoneng invests RMB 30 billion (about $ 4.6 billion) in NEV sector

On Dec. 26, Baoneng Group started to construct a new NEV industrial park with a total investment of RMB 30 billion (about $4.6 billion) in Guangzhou Economic & Technological Development Zone.

Dec. 27 , 2017
Byton first model in mass produce equips with 50-inch big screen
Byton first model in mass produce equips with 50-inch big screen

As a new global auto manufacturer brand located in domestic market with two German senior managers and most funds from Chinese market, Byton has always attracted great attention from the industry.

Dec. 25 , 2017
Changan ambitious to sell 80,000 NEVs next year
Changan ambitious to sell 80,000 NEVs next year

Changan will expand the existing new energy and trial workshop in Beijing factory. At the launching ceremony of Changan Raeton CC, Gong Bing, vice president of Changan, said that they targets 80,000-unit sales of its new energy vehicle next year.

Dec. 22 , 2017
Hozon Auto obtains RMB 1.25 billion from Zhihe Travel
Hozon Auto obtains RMB 1.25 billion from Zhihe Travel

Zhejiang Hozon Auto got an investment of RMB 1.25 billion from Zhihe Travel and consequently Zhihe Travel became the largest shareholder of Hozon New Energy.

Dec. 22 , 2017