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Gasgoo.com (Shanghai October 18) - Over the course of the first three quarters of 2014, China imported a total of 1.05 million automobiles, the National Business Daily reported today. The figure represents year-on-year growth of 26.2 percent. An average of 110,000 vehicles are imported by the country on a monthly basis.
Oct. 23 , 2014Gasgoo.com (Shanghai October 8) - As Tesla is prepping up to enter the China market, Chinese new energy automobile manufacturers are also preparing for new competition. In a quote appearing in the Nanfang Metropolis Daily, BYD CEO Wang Chuanfu announced that his company "can build a Tesla a minute"; this eventually led to the launch of the BYD Qin hybrid and pure electric vehicles. Fellow Chinese manufacturer Geely has also announced that its future work will focus on new energy vehicles.
Oct. 14 , 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