Xi'an upgraded its auto consumption subsidy policy effective August 1, 2026. NEV purchases receive 2% of invoice price (max RMB 10,000), with additional RMB 2,000-3,000 for 2026 new models. Used car subsidies cap at RMB 4,000. Valid through October 8.
37614 hours ago
According to China's Ministry of Public Security, the country's NEV fleet reached 48.97 million vehicles by end of June 2026, with 5.195 million new registrations in the first half, marking a 31% year-on-year increase.
24220 days ago_1782369952523.jpeg)
Multiple African nations are accelerating their electrification efforts. Kenya's electric motorcycle sales jumped 40% year-over-year, while Ethiopia announced a ban on fossil fuel vehicle imports. Chinese investors committed $550 million to Spiro, and Yadea partnered with Kenyan firms to build battery swap stations. Chinese industry chains are participating across batteries, vehicles, and infrastructure.
59440 days ago
EX1000
