Articles Tagged with "Policy"

China exempts NEVs from 121.8 billion yuan worth of vehicle purchase tax, vehicle & vessel tax in 2023
China exempts NEVs from 121.8 billion yuan worth of vehicle purchase tax, vehicle & vessel tax in 2023

In 2023, the exemption of the vehicle purchase tax and the vehicle and vessel tax for new energy vehicles (NEVs) in China amounted to 121.8 billion yuan.

Jan. 18 , 2024
Shanghai’s Jiading district starts construction of ‘Silicon Industry Headquarters’ project
Shanghai’s Jiading district starts construction of ‘Silicon Industry Headquarters’ project

Shanghai's Jiading district has already broke ground on the Silicon Industry Headquarters project, according to a post on the WeChat account "Shanghai Jiading".

Dec. 20 , 2023
China raises technology requirements for new energy vehicles to qualify for purchase tax reduction and exemption
China raises technology requirements for new energy vehicles to qualify for purchase tax reduction and exemption

China adjusted technical requirements for new energy vehicle eligible for reducition and exemption of vehicle purchase taxes.

Dec. 12 , 2023
Shenzhen expects around 1.3 million new energy vehicles to run on roads by 2025
Shenzhen expects around 1.3 million new energy vehicles to run on roads by 2025

By 2025, approximately 60% of newly added vehicles in Shenzhen city will be powered by new energy and clean energy sources.

Oct. 7 , 2023
Chongqing eyes annual revenue of 700 billion yuan from intelligent new energy vehicle parts industry by 2027
Chongqing eyes annual revenue of 700 billion yuan from intelligent new energy vehicle parts industry by 2027

Recently, the draft of the "Chongqing Special Action Plan (2023-2027) for the Advancement of the Intelligent Connected New Energy Vehicle Parts Industry Cluster" (called "the Plan" for short) was issued by the city to solicit public opinions.

Sep. 13 , 2023
Shanghai rolls out a slew of measures to vitalize car circulation, expand car replacement
Shanghai rolls out a slew of measures to vitalize car circulation, expand car replacement

The Shanghai Municipal Commission of Commerce, in collaboration with relevant departments, recently unveiled a set of measures aimed at invigorating the automobile consumption market and expediting the phase-out and replacement of older vehicles.

Sep. 8 , 2023