China cuts subsidies on new energy vehicles by 30% in 2022 and withdraw them completely by the end of the year, as released by the Finance Ministry on Friday. This…
elon musk
-
carsPolicy
As China EV subsidies reduced 30%, market remain optimistic to sell 6 million EVs in 2022
by SEP Editorby SEP Editor 3 mins read -
cars
China EV Trio hustle as Xpeng outsells NIO and Li Auto in December deliveries
by SEP Editorby SEP Editor 5 mins readAs pandemic clouds erratically, China’s EV sales continue to surge in 2021, amongst which Xpeng outperforms NIO and Li Auto in EV delivery numbers. Xpeng led delivery sales Xpeng announced…
-
cars
China EV maker NIO eyes to expand next in Germany, delivering ET7 with a sense of community
by SEP Editorby SEP Editor 3 mins readCEO for China EV maker NIO, WIlliam Li, announced to deliver NIO ET7 to its German customers in 2022, as reported by Handelsblatt on 20 Dec, 2021. ET7 is Nio’s…
-
carschargePolicy
China EV insurance cost 16-50% more than traditional autos, battery decay not included
by SEP Editorby SEP Editor 3 mins readAs EV sales soar, insurance packages need to follow. Yet EVs typically generate higher insurance costs than traditional equivalents, simply because EVs are more likely to damage as vehicle age,…
-
charge
To ensure battery supply, BYD participates in new phosphate mining company
by SEP Editorby SEP Editor 2 mins readBYD to become shareholder for Sichuan Shuneng Mineral Investment Co., Ltd that registered USD $79 millions, other shareholders include BYD, Sichuan Road and Bridge, Sichuan Energy Power, Mabian Yi Autonomous…