New perspective explains why China is strongly supporting Tesla, Nio
A user on Zhihu, a question-and-answer website like Quora, gives his view from a new angle as to why China is supporting new energy carmakers…
Shanghai opens first downtown area autonomous driving test zone
Shanghai's first open test road for autonomous driving in the central city is unveiled, with a planned mileage of 30.6 km, involving 10 roads…
Tesla does the opposite of Nio as Chinese subsidies roll back
As China's subsidies for new energy vehicles recede, Nio said the price spreads this creates for its potential customers will be borne by…
Nio gains, Tesla loses as China unveils new policy for subsidies
China today extended the financial subsidy policy of new energy vehicles to the end of 2022 and eased the intensity and pace of subsidy…
China extends new energy vehicle subsidy to end of 2022
Chinese regulators issued a notice today saying that the implementation period of the new energy vehicle promotion and application of…
China exempts purchase tax for new energy cars in next two years
China's Ministry of Finance said today that from January 1, 2021 to December 31, 2022, new energy vehicles purchased will be exempt from…