Auto Cars Chinese Stimulus 
Baua Electric
APRIL 30, 2023
Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Compounding this are worries that Chinese producers with excess supply will ramp up exports, depressing prices globally.
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 69% of licensed drivers can drive a car. About 19 million Chinese obtained a driving license in 2009. Around 41% of the vehicles were cars and 51% were motorcycles. billion population.
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
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. passenger cars will outgrow larger vehicles due to favorable policies.
Green Car Congress
JANUARY 22, 2010
US-based electric vehicle provider ZAP and China auto manufacturer Zhejiang Jonway Automobile Co. have entered a commercial agreement to produce electric sport utility vehicles (SUVs), cars and other electric vehicles in China for domestic and global distribution. The Jonway A380. Click to enlarge.
Revenge of the Electric Car
MAY 17, 2010
old question for electric cars – When will electric cars make a real. presence in the world’s two largest passenger car markets (China and the. Read more in the article: Can electric cars break out of niche status in US, China market? Electric-car ventures made up nearly 40. car’s introduction.
Green Cars News
SEPTEMBER 6, 2009
A report in the People’s Daily quotes Chen Bin, director of the Department of Industry under the NDRC, as stating that Chinese car manufacturers were originally expected to produce and sell more than eight million units of vehicles in the first eight months of the year. Tags: Cars Green cars Latest news.
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