Articles Tagged with "NEV"

China continues NEV subsidies, car purchase tax exemption to spur car demands: MIIT’s minister
China continues NEV subsidies, car purchase tax exemption to spur car demands: MIIT’s minister

China will adopt multiple measures to further spur automobile demands, the minister of China's MIIT said on Feb. 28.

Feb. 28 , 2022
Tesla tops Chinese NEV startups by vehicle registrations in Jan. 2022
Tesla tops Chinese NEV startups by vehicle registrations in Jan. 2022

Last month, the seven key startups (including Tesla) all faced a month-on-month decrease.

Feb. 27 , 2022
China’s NEV battery maker CALB gets 5 billion yuan of loans from banks
China’s NEV battery maker CALB gets 5 billion yuan of loans from banks

On Feb. 21, China Lithium Battery Technology Co., Ltd. (“CALB”) signed a cooperation agreement with several banks (“the bank group”), who agreed to issue 5 billion yuan ($790.551 million) worth of loans to the power battery maker.

Feb. 22 , 2022
Audi-FAW joint venture greenlighted to build NEV plant with 150,000-unit annual capacity
Audi-FAW joint venture greenlighted to build NEV plant with 150,000-unit annual capacity

Audi FAW New Enery Vehicle Co.,Ltd., a joint venture between FAW Group and Audi, plans to break ground on its NEV plant in Changchun city, Jilin province in April 2022.

Feb. 15 , 2022
SAIC Motor’s Roewe to raise NEV prices due to subsidy decline, chip shortage
SAIC Motor’s Roewe to raise NEV prices due to subsidy decline, chip shortage

Roewe, a brand of SAIC Motor Passenger Vehicle Company, has already joined the lineup of automakers who raise prices of new energy vehicle (NEV) models to handle the national NEV subsidiary reduction that has become effective since Jan. 1, 2022.

Feb. 14 , 2022
Chery Holding scores new high in Jan. total sales, export, NEV sales
Chery Holding scores new high in Jan. total sales, export, NEV sales

China’s auto player, Chery Holding, started the year 2022 with great momentum, with its January sales volume hitting a record high in all segments, especially in new energy vehicle sales and export volume, the automaker announced on February 11th.

Feb. 11 , 2022