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National New Energy Vehicle Technology Innovation Center established in Beijing

BEIJING – The National New Energy Vehicle Technology Innovation Center was officially established in Beijing on March 1, becoming the second national technology innovation center constructed by the Ministry of Science and Technology (MOST) and the first such center for the auto industry. The Center has an overall goal to

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NEV tax exemption scheme extended until end of 2020

BEIJING – China has extended the purchase tax exemption scheme for new energy vehicles by three years until the end of 2020 in order to further support market development, according to an announcement released jointly by the Ministry of Finance, State Administration of Taxation (SAT), Ministry of Industry and Information

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Wan Gang: Hydrogen fuel cell is the pinnacle of tech competition

RUGAO, Jiangsu – Hydrogen fuel cell will be the pinnacle of technology competition in the future of the auto industry and technology innovation of hydrogen fuel cell is becoming an important direction of the global energy technology revolution, according to Wan Gang, Minister of Science and Technology (MOST) and president

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50:50 JV equity rule relaxation highlights new industry development roadmap

BEIJING – The Ministry of Industry and Information Technology (MIIT), the National Development and Reform Commission (NDRC) and the Ministry of Science and Technology (MOST) jointly released China’s Auto Industry Mid- to Long-Term Development Plan on April 25. The industry had been looking forward to this document for some time

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Approved NEV plan encourages multiple paths

After several delays, China’s new energy vehicle industry guidelines, the Energy-Saving and New Energy Vehicle Development Plan (2011-2020) (NEV Plan) finally received approval from the State Council on April 18, 2012 to clarify the NEV technology routes. Compared to the earlier released draft, the approved version pushes forth a unified NEV development

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China invests £¤8.5 billion in new energy vehicle batteries

BEIJING – China has invested ¥8.5 billion ($1,250 million) in the development of new energy vehicle batteries, according to Zhang Zhihong, deputy director of the High and New Technology Development and Industrialization Department under the Ministry of Science and Technology (MOST). MOST listed energy-saving and new energy vehicles as major projects

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