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Foreign heavyweights waiting to pounce on the Chinese NEV market

Foreign carmakers have not really participated in China’s new energy vehicle game as far as locally produced vehicles are concerned. But that’s about to change as a slew of announcements by major foreign automakers in recent weeks is setting up a showdown between them and their Chinese counterparts, who

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NDRC to consider carbon quota trade policy for NEVs

BEIJING – China is considering using carbon quota trade to replace financial subsidies for NEVs, according the Administrative Methods of New Energy Vehicle Carbon Quota (Draft For Comments) released recently by the National Development and Reform Commission (NDRC). Two factors prompted the release of the draft policy. First, with

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Diversified incentives to boost vehicle electrificatio

China’s long-hailed Energy-Saving and New Energy Vehicles Industry Development Plan (2012-2020), finally released by the State Council after it was delayed for close to two years, highlights all-round incentives to boost various links of the new energy vehicle industry chain. The Plan has put forth stimulating and incentive guidelines in

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