In this article, the author discusses the subsidization of electric vehicles (EV) by the Chinese government. The author mentions that the government is piloting the subsidization program in several cities including Hefei, Shanghai and Changchun, which offers opportunity for the automotive industry. ...
Subsidy cuts are good for the EV industry: XPeng Motors "I think the general macro environment in sort of trade as well as in EV (electric vehicles) sector in general, the public company trading performance ... has not been stellar. That has a ... (dampening) effect, I think, on i...
China’s existing subsidy policy for Electric Vehicles (EVs) is putting pressure on government finances, and the effect of EV promotion has not been ideal. Sharing EVs can reduce energy demand and greenhouse gas emissions while meeting people’s demand for a vehicle. This paper proposes a new...
European EV customers, manufacturers, and officials are showing their admiration for Chinese EV enterprises. The anti-subsidy investigation is unlikely to yield tangible advantages, and there is a growing trend of cooperation between China and the EU in the EV sector. Besides, the EU has experience...
It is thought that the removal of this subsidy will cause a slowdown for three key reasons. The first is an increase in EV prices. A breadth of automakers in China, includingBYD,GACandDongfeng, all announced price increases in November 2022 in advance of the end of subsidies. The OEMs ha...
BEIJING, Sept. 22 (Xinhua) -- The electric vehicle (EV) subsidy provisions in the U.S. Inflation Reduction Act are discriminatory and suspected of violating the World Trade Organization (WTO) rules, the Chinese Ministry of Commerce (MOC) said Thursday. ...
These legislative changes, which were primarily prompted by the high-profile subsidy fraud case, became significant revisions for China’s EV business and regulations. “A loss turned out to be a gain,” as an old Chinese proverb goes, since the new plan helped boosting more confidence in Chin...
China launches 2025 subsidy programs for electronics, home appliances, and vehicles Jan 9, 2025 Meituan pilots policy to log off overworked delivery riders automatically Dec 18, 2024 How Black Friday is being reshaped by Chinese e-commerce platforms before Trump returns ...
China has invited European technical teams to visit the country for the next round of discussions on the European Union's anti-subsidy case involving Chinese electric vehicles (EV), said the Ministry of Commerce. China remains committed to resolving the issue through dialogue and hopes that the ...
In order to promote the market penetration of electric vehicles(EV), China launched the Electric Vehicle Subsidy Policy(EVSP) in Jan 2009, followed by the Local government subsidies for EV. In this paper, we focus on the impacts of the EVSP on the market penetration of battery electric vehicl...