With Chinese cities sputtering under the smog of modernity, eco-friendly electric vehicles are one option municipalities are turning to for cleaner air. California-based electric vehicle and battery developer Balqon Corporation has entered into a joint development agreement with Sichuan Automobile Industry Company Ltd. to manufacture city electric buses. Under this Agreement, SAIG purchased the Balqon […]
SAIC Group To Invest CNY12 Billion On New Energy Vehicles
08 July 2009
Shanghai Automotive Industry Corporation Group says it will invest more than CNY12 billion to develop new energy vehicles and actively progress the industrialization of the key components of new energy automobiles.
Li Jirong, the vice president of SAIC Group, has disclosed to the Chinese media that the company will adjust its product structure and mainly focus […]
New Energy Automobile Access Management Rule Launched
03 July 2009
China's New Energy Automobile Manufacturers and Products Access Management Rule, which was published by the Ministry of Industry and Information Technology of China on June 25 2009, was formally enacted on July 1, 2009.
The new rule covers new energy vehicle products at various levels of development as well as the corresponding management methods that MIIT […]
China's Auto Consumption Tax Adjusted From September
26 August 2008
The Chinese Ministry of Finance and State Administration of Taxation has issued a notice that the automobile consumption tax will be adjusted from September 1, 2008.
Beijing To Adjust Working Hours During Olympics
25 June 2008
According to Beijing Municipal Traffic Commission, Beijing will ban vehicles with even and odd-numbered license plates on alternate days from July 20 to September 20 to help improve air quality for the Olympic Games. During this period, 45% of total vehicles will be off the road.