Etiqueta: Industry
China’s revised NEV purchase tax policy comes into effect

China's revised taxation policy for the purchase of new energy vehicles (NEVs) has come into effect from the start of this year. The current taxation scheme has replaced the NEV tax exemption policy that spared NEV buyers from paying any purchase tax (barring certain ultra-luxury vehicles), which was in place for about a decade.
Honda presents new electric car series for China
In the run-up to Auto China, Honda has unveiled a new series of electric cars for the Chinese market. The first two models, Ye P7 and Ye S7, are due to go on sale this year. Honda is also showing a concept car.
Factbox: China’s NEV purchase tax policy changes from Jan 1, here’s...

Simply put, consumers who buy NEVs with an invoice amount exceeding RMB 339,000 are required to pay purchase tax. Models that support battery swap get preferential treatment.
Xiaomi launches its first EV, with ambition to be China’s Porsche...

Xiaomi has not yet said how much the SU7, which stands for Speed Ultra, will cost. Read more at straitstimes.com.
Deepening «Belt and Road» Initiatives: Remarkable Global Expansion for DENZA in...
SHENZHEN, China, December 26, 2023--As a luxury new energy brand co-created by BYD, a leader in new energy vehicles, and Mercedes-Benz, the inventor of the gasoline car, DENZA has globalization in its DNA. Not only are all its products designed for a global audience, but it also aspires to be a leading global new energy luxury car brand. Guided by a global strategy, DENZA actively embraces and implements the "Belt and Road" initiative, building a global brand image, honing its internal strengths
Washington Issues New EV Rules: A New Front In The U.S.-China...

The Biden administration wants to block any gain China may receive from Washington’s huge EV push. The effort looks increasingly pointless.
France’s new EV cash incentive rules toughen market for Chinese-made cars

France's revamped rules on consumer cash incentives for electric car purchases favour vehicles made in France and Europe over models manufactured in China, a government list of eligible car types published on Thursday showed.
EU electric vehicle industry risks losing ground without a robust EU...

China’s dominance of the electric vehicle (EV) supply chain and bolstered US government incentives for domestic auto makers risk putting the EU on the back pedal in its efforts to shore up European electric vehicle manufacturing, noted the European Automobile Manufacturers’ Association (ACEA).
TOP 10 Chinese electric cars 2023: the future is here and...

In a world where electric mobility has quickly become the new norm, Chinese automakers have stepped on the innovation pedal and surprised us with a range of outstanding electric vehicles. In 2023, they bring us the TOP 10 Chinese electric cars, which promise to outshine even European competitors. With their advanced technology, innovative design and surprising affordability, these models aren't just the future of electric vehicles - they're already here!