Articles Tagged with "NEV"

Shareholder of Evergrande NEVS (Shanghai) sells 20% stake
Shareholder of Evergrande NEVS (Shanghai) sells 20% stake

20% stake of Evergrande NEVS (Shanghai) has been transferred with a final transaction price of RMB 443 million.

Jun. 3 , 2020
Beijing to add 20,000 NEV license plates for car-free families
Beijing to add 20,000 NEV license plates for car-free families

Beijing plans to increase 20,000 NEV (new energy vehicle) license plates at one go in the second half of 2020, which will be all allocated to car-free families, according to a draft regulation released by Beijing Municipal Commission of Transport.

Jun. 1 , 2020
Shaanxi to subsidize NEV shopping for car-free families
Shaanxi to subsidize NEV shopping for car-free families

Shaanxi joins a string of Chinese local governments that roll out incentives to provide a lift on automobile sales.

May 29 , 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
BMW Brilliance expanding R&D hub’s second phase partly for NEV push
BMW Brilliance expanding R&D hub’s second phase partly for NEV push

BMW Brilliance Automotive (BBA) recently kicked off the expansion of its R&D hub’s second phases as BMW Group is forging ahead with its localization strategy and NEV push in China.

Apr. 23 , 2020
China announces purchase tax exemption for NEVs bought from 2021 to 2022
China announces purchase tax exemption for NEVs bought from 2021 to 2022

China has decided to exempt the vehicle purchase tax on new energy vehicles (NEVs) purchased from Jan. 1, 2021 to Dec. 31, 2022.

Apr. 22 , 2020