Search Results for "NEV "

China’s NEV credit ratios from 2021 to 2023 required to be 14%, 16%, 18%
China’s NEV credit ratios from 2021 to 2023 required to be 14%, 16%, 18%

Chinese policy makers officially announced on June 22 that the credit ratios of new energy vehicles (NEVs) are respectively required to be 10%, 12%, 14%, 16% and 18% for the year of 2019 to 2023.

Jun. 22 , 2020
Dongfeng Motor, CATL cement cooperation for better NEV development
Dongfeng Motor, CATL cement cooperation for better NEV development

Dongfeng Motor Corporation and CATL agreed to step up their strategic collaboration on NEV development, which is expected to help promote the building and perfection of China’s NEV industrial ecosystem.

Jun. 17 , 2020
Shenzhen offers NEV buyers subsidies of up to 40,000 yuan per car
Shenzhen offers NEV buyers subsidies of up to 40,000 yuan per car

Shenzhen, a coastal city in the south of Guangdong Province, will offer up to 40,000 yuan ($5,644) per car of subsidies to consumers who buy new energy vehicles (NEVs) as part of efforts to stimulate automobile consumption.

Jun. 15 , 2020
Huawei to buy NEV decelerators from FULIN P.M., but has no plans to make cars
Huawei to buy NEV decelerators from FULIN P.M., but has no plans to make cars

Huawei reaffirmed that it has no plans to makes cars, responding to a Sichuan-based automotive engine parts supplier’s announcement which shows it will furnish Huawei with some NEV-related components.

May 25 , 2020
BYD gains double-digit growth in April oil-fueled vehicle sales, but NEV sales still slump
BYD gains double-digit growth in April oil-fueled vehicle sales, but NEV sales still slump

For the month of April, BYD posted a 15.94% decrease from the prior-year period, while boasted a month-on-month growth of 3.95% as the market has continually take a favorable turn with the coronavirus ebbing in China.

May 7 , 2020
China extends NEV subsidies to 2022 with slower phase-out pace
China extends NEV subsidies to 2022 with slower phase-out pace

China will extend subsidies for NEV purchases to 2020, which were supposed to be stopped by the end of this year.

Apr. 23 , 2020