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The race is on for the lucrative NEV credits

The 2016 Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle (NEV) credits for China’s passenger vehicle manufacturers and importers jointly released by the Ministry of Industry and Information Technology (MIIT), Ministry of Commerce, General Administration of Customs and State Administration of Quality Supervision, Inspection and Quarantine on March 9

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Winners and losers: 2016 PV CAFC and NEV credits for 124 companies announced

BEIJING – The Ministry of Industry and Information Technology (MIIT), Ministry of Commerce, General Administration of Customs and State Administration of Quality Supervision, Inspection and Quarantine jointly released results of 2016 Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle (NEV) credits for 96 domestic passenger vehicle manufacturers and 28

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Ford and Zotye sign final agreement for £¤5 billion JV to build EVs under new Chinese brand

BEIJING – Ford Motor Co. and Zotye Automobile Co., Ltd. signed a definitive agreement on November 8 here to establish Zotye Ford Automobile Co., Ltd., a new 50:50 joint venture that aims to offer a range of stylish and affordable all-electric vehicles in China under a new Chinese brand. The

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CAFC+NEV “dual credit” scheme finalized: NEV credit requirement delayed to 2019

BEIJING – China will put into effect the much-awaited new energy vehicle credit scheme in 2019, a year later than originally planned, according to the final version of the Parallel Administrative Measures for Passenger Vehicle Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle (NEV) Credits jointly released by the

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CAFC+NEV “dual credit” scheme finalized, but further details missing

Now that the final version of Parallel Administrative Measures for Passenger Vehicle Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle (NEV) Credits has been released, multinational and domestic carmakers can breathe a long sigh of relief. At least those that produce or import more than 30,000 combustion engine vehicles

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Ford signs MOU with Zotye to establish electric vehicle JV

SHANGHAI – Ford Motor Co. said in a statement on August 22 that it has signed a Memorandum of Understanding with Anhui Zotye Automobile Co., Ltd., a major manufacturer of zero-emissions all-electric vehicles in China, to establish a 50:50 joint venture to produce all-electric vehicles. The JV plans to develop,

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MIIT issues new draft of CAFC+NEV “dual credit” administrative measures

BEIJING – The Ministry of Industry and Information Technology (MIIT) on June 13 issued a new version of the Parallel Administrative Measures for Passenger Vehicle Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle (NEV) Credits (Draft for Comments), otherwise known as the CAFC+NEV “dual credit” scheme. The public will

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