Green Car Congress

JANUARY 8, 2010

A separate report from the Ministry of Public Security said that almost 200 million Chinese can drive a vehicle—about 15% of the 1.3 About 19 million Chinese obtained a driving license in 2009. There are 66.1 automobiles for every 100 households in Beijing, taking the lead across the country. billion population. A total 16.7

Purchase 210

Purchase Stimulus Auto Automobile 210

Green Car Congress

DECEMBER 7, 2020

Chinese automotive manufacturer BYD sold 18,220 pure-electric passenger vehicles in November, up by 22.1% The market began to recover in the second quarter, supported by government stimulus measures to encourage the use and purchases of such vehicles, notes Argus Media. from October and by 127.8% from a year earlier.

BYD 294

BYD Stimulus China Energy Storage 294

Green Car Congress

SEPTEMBER 6, 2009

Chinese domestic auto makers were expected to produce and sell more than 8 million units of vehicles in first eight months this year respectively, said Chen Bin, director of the Department of Industry under the NDRC. In January, China cut the purchase tax on passenger cars to 5% for models with engine displacements of less than 1.6

China 218

China Stimulus Vehicles Automobile Manufacturer 218

Green Car Congress

JANUARY 1, 2011

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. In DB’s Fall 2009 note, they had forecast 12% growth.

Transportation 250

Transportation Gasoline Lithium Ion Gasoline-Electric 250

Green Car Congress

DECEMBER 7, 2020

Chinese medium and heavy rare earths producer Southern Rare Earth has continued to raise its weekly prices for terbium, holmium, gadolinium and dysprosium, supported by a shortage of spot supplies and firmer magnet demand, according to Argus. Argus assessed the range for 99.5-99.9%

Price 170

Price Stimulus Supplies Sale 170

Revenge of the Electric Car

MAY 17, 2010

Still, Chinese auto-makers hesitate to mass-market their electric models domestically. Chinese green-car subsidies on hold. The uncertainty surrounding Chinese demand for electric cars is tied to subsidies, Mr. Yang says. The firm eTec got $100 million in funding from the US Department of Energy through the stimulus bill.

China 133

China E6 Gasoline-Electric Chinese 133

Teslarati

JANUARY 22, 2024

.” Some consumers are in need of these incentives to purchase the vehicle, and even if they are not a necessity, they are a benefit. It could sway many consumers in the direction of other vehicles. It is important to note that Volkswagen, BMW, Audi, and Ford also lost tax credit eligibility on some of their EVs.

Tax Credit 136

Tax Credit Tesla Tax Price 136