Home > Laws and Regulations

CAFC+NEV “dual credit” scheme “adjusted:” new ratios set for 2021-2023

BEIJING – China’s “dual credit” scheme for passenger vehicles is getting a makeover. The Parallel Administrative Measures for Passenger Vehicle Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle (NEV) Credits, which was officially released nearly two years ago and put into effect in April 2018 jointly by the Ministry of Industry

Read More

China PV CAFC reaches 5.8L/100 km in 2018, more than 4 million NEV credits generated

BEIJING – The Ministry of Industry and Information Technology (MIIT), Ministry of Commerce, General Administration of Customs and State Administration for Market Regulation jointly released results of 2018 Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle (NEV) credits for 112 domestic passenger vehicle manufacturers and 29 passenger vehicle importers

Read More

NEV subsidies cut by half, range and battery density thresholds raised, local subsidies to be eliminated

BEIJING – After nearly three months of suspense, rumors and anticipation, the Ministry of Finance (MOF), Ministry of Industry and Information Technology, Ministry of Science and Technology and National Development and Reform Commission shocked the industry with a steeper than expected cut in new energy vehicle subsidies for 2019. According to

Read More

MIIT’s ICV development action plan targeting 30 percent penetration rates of IoV and L2 ADAS by 2020

BEIJING – China is targeting to achieve more than 30 percent penetration rates in both Internet of Vehicles (IoV), or telematics, and Level 2 advanced driver assistance systems (ADAS) on new vehicles by 2020, according to the Internet of Vehicle (Intelligent Connected Vehicle) Industry Development Action Plan released by the Ministry of Industry and Information

Read More

Auto investment regulations ushers in new era for entry approval and industry administration

The Administrative Regulations on Automotive Industry Investment (ARAII) is the most important policy for the auto industry this year and revolutionizes investment entry regulations by simplifying administrative procedures for new investment through record-based administration rather than approval-based administration, allowing diversified entities to invest in battery electric vehicle production. But it has also imposed tighter restrictions

Read More

MIIT: NEV manufacturers must conduct special investigation on safety hazards by end of October

BEIJING – The Ministry of Industry and Information Technology (MIIT) has sent a notice to new energy passenger vehicle and truck manufacturers asking them to begin a special investigation into their new energy vehicles for safety hazards. In a document titled Notice to Conduct Special Investigation on New Energy Passenger Vehicle

Read More