Search Results for "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
2018 likely to be watershed for NEV companies
2018 likely to be watershed for NEV companies

On December 15th, Lu Huaping, the assistant to Secretary General of the China Passenger Car Association, revealed that, the new energy vehicle subsidy policy will be further tightened up.

Dec. 20 , 2017
SAIC Roewe NEV cumulative sales hit historical high
SAIC Roewe NEV cumulative sales hit historical high

In November, SAIC Roewe delivered 5,101 new energy vehicles (NEVs), soaring 104% year on year. Its cumulative sales from January to November reached 37,996 units with a yearly growth of 90%, hitting historical high.

Dec. 20 , 2017
Weichai targets $100 billion revenue by 2030
Weichai targets $100 billion revenue by 2030

On December 18th, Weichai Group announced proudly that, by December 18th, the annual revenues of Weichai had reached over RMB 200 billion, and the total annual revenues are expected to reach RMB 220 billion, with over RMB 10 billion profit.

Dec. 19 , 2017