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Report: New China Policies to Favor, Boost Domestic EVs

Green Car Congress

A new plan from China’s government, anticipated to be unveiled in the next few months, will boost domestically-produced electric vehicles, according to a report in China Daily. The industry sources said that imported electric cars would have little hope of benefiting from the policy in the initial stages.

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Study Finds Global CO2 Emissions Dropped 1.3% in 2009; Emissions in China and India Rose 9% and 6%

Green Car Congress

However, regional differences are “substantial&rdquo, with emissions in China and India increasing by 9 and 6 percent, respectively. “ In contrast to many other countries, China and India increased their emissions in 2009. China is now responsible for 24% of the global fossil emissions of CO 2. Resources.

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China Forecast to Produce 12M Vehicles This year

Green Car Congress

China is forecast to produce a record 12 million vehicles this year, according to an official with the National Development and Reform Commission (NDRC). Sales of China’s domestically-made automobiles totaled 1.09 Sales of China’s domestically-made automobiles totaled 1.09 People’s Daily. million units in July, up 63.57

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BYD sells 18,220 EVs in China in November, up 128% year-on-year

Green Car Congress

China’s NEV industry was hit by the Covid-19 outbreak in this year’s first quarter. 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. The country’s domestic NEV output totalled 914,000 from January-October, down by 9.2%

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Platts Report: China oil demand rises 2.9% in October from year ago, YTD up 2%

Green Car Congress

(Platts calculates China’s apparent or implied oil demand on the basis of crude throughput volumes at the domestic refineries and net oil product imports, as reported by the NBS and Chinese customs. Some of these measures include the loosening of credit controls, and the lifting of the annual summer ban on fishing in China’s waters.

Oil 268
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Li-ion maker Boston-Power adds $30M in funding; China expansion

Green Car Congress

GSR Ventures is an early-stage venture capital firm focused on building world-class technology companies in China. Boston-Power recently broke ground on its new manufacturing site in Liyang. The firm invests primarily in the Internet, wireless, green technology, and semiconductor sectors.

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Report: Parts of China Are Running Out of Car-Buying Subsidies

The Truth About Cars

China has numerous trade-in subsidies on goods, including vehicles. China launched equipment upgrade and consumer goods trade-in programs in March of 2024. China has claimed that the programs have been a success, with over 4 million applications submitted within the first half of this year. Local, state-backed outlets (e.g.

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