Credit to Author: Paul Fosse| Date: Sun, 12 Jan 2020 00:53:34 +0000
Overnight, Miao Wei, the Minister of Industry and Information Technology in China, announced at the EV100 forum in Beijing that new energy vehicle (NEV) subsidies will not be cut in July 2020, as many in the industry had feared
Credit to Author: Jose Pontes| Date: Sat, 21 Dec 2019 12:00:53 +0000
When you find yourself in times of trouble, Model 3 comes to thee Speaking words of wisdom, let it be. And in this hour of darkness, it is standing right in front of thee Speaking words of wisdom, let it be
Credit to Author: Jose Pontes| Date: Thu, 21 Nov 2019 21:40:59 +0000
There seems to be no end to the incentives blues, with the Chinese plug-in market plunging 46% year over year (YoY), and this time both powertrain technologies crashed at the same speed (-47% for BEVs, -46% for PHEVs), a worrying drop, considering the overall market was down just 6% Yo
Credit to Author: Jose Pontes| Date: Sat, 26 Oct 2019 02:21:12 +0000
There seem to be no end to the end-of-incentives hangover in China, with the Chinese plug-in market dropping a steep 27% year over year (YoY), and plug-in hybrids (PHEVs) crashing 45% YoY last month. Additionally, BEVs finally got dragged into the red ink, dropping a harsh 20% in September. The overall auto market was not so catastrophic, sliding down just 6% Yo
Credit to Author: Jose Pontes| Date: Sun, 29 Sep 2019 07:27:53 +0000
The end-of-incentives hangover deepened in August for the Chinese plug-in vehicle market, with the market dropping a steep 12% year over year (YoY) and plug-in hybrids (PHEVs) crashing 51%. Amazingly, fully electric vehicles (BEVs) managed to grow, by 4%, a small increase over the 1% growth rate of July, which means BEVs are currently the only ray of light in the Chinese auto market (the overall market also dropped, by 8% YoY)
Credit to Author: Kyle Field| Date: Fri, 30 Aug 2019 23:09:53 +0000
Tesla is getting another leg up in China, as the Ministry of Industry and Information Technology (MIIT) dropped news on its website today that it would grant a purchase tax exemption to all of Tesla’s vehicles sold in the country
Credit to Author: Jose Pontes| Date: Sun, 18 Aug 2019 07:10:08 +0000
After an end-of-incentives derived surge in June, July saw the expected hangover, with the Chinese plug-in vehicle market dropping 7% year over year (YoY), and the 70,000 units of last month representing less than half of the deliveries of the previous month. Plug-in hybrids (PHEVs) sank 22% YoY in July, their worst drop in over two years, while, amazingly, fully electric vehicles (BEVs) still managed to grow, if only by 1%, despite the gloom all around them (the overall market also dropped 4%)