Per government policies, consumers trading in old cars for NEVs are each entitled to a 20,000-yuan (about 2,782 U.S. dollars) subsidy, higher than the 15,000-yuan subsidy given to those opting to replace their vehicles with new, fuel-powered cars. As a result, NEVs accounted for over...
From sub-10,000 U.S. dollars compact cars to gleaming sports sedans for less than 30,000 dollars, China manufactures a diverse range of electric vehicles that cater to the needs of global customers. China's wind and photovoltaic power products have also been exported to over 200 countries an...
Plans for an infill station at Queens Boulevard are on the MTA’s wishlist in the 20 Year Needs Assessment, at typically extreme MTA costs; this is separate from Sunnyside Junction, somewhat to the east, which has less development but could be a cross-platform transfer with East Side Access-...
The Changzhou-based NEV company delivered 376,000 cars in 2023, up 182.2 percent year on year, while the average price of its cars exceeded 300,000 yuan. "We plan to deliver 800,000 vehicles and build 2,000 supercharging stations in 2024," said Li Xiang, CEO of the company. The robus...
During the pandemic, shopperssplurged on higher-end new cars. Now, given the current high car costs and interest rates, drivers are shifting their focus toless expensivemodels. Finding one, however, might not be easy. More shoppers are opting for vehicles that fall in the $45,000-$...
Less expensive:The primary benefit of buying a used car is that they tend to be less expensive than their new counterparts. Getting the same model you want a few years old could save you a couple of thousand dollars. Lower insurance costs and fees:Many pre-owned cars carry lower insurance...
“The automotive chip industry has undergone great changes in the past 20 years, such as the electric vehicles, Level 2 to Level 4 automatic driving functions, domain controllers, connected cars, as well as informatization and intelligent technologies. This drives the demand for automotive chips to...
and you might find a fantastic deal. the way some manufacturers structure their sales incentives, dealerships get a bonus on all of the cars sold in a certain period if they sell a certain number of vehicles. if you're the lucky buyer of the last vehicle they need to get the bonus, ...
Classic car insurance can be cheaper than regular insurance, as classic cars are often well-maintained, driven less frequently, and insured for agreed value policies. Why is my insurance so high? Your insurance might be high due to factors like a poor driving record, high-value vehicle, high...
This new fad derives from the eagerness of Chinese youths seeking like-minded travel companions with less expense and more exciting travel experiences. "Those with cars provide transportation, those with experience offer travel tips, all aimed at completing a trip with minimal costs," said Zhang. ...