Policy News

China is delaying approval for BYD and Geely to produce cars in Latin America as US tariffs fuel trade and economic uncertainties, Reuters reported.

About 116,000 vehicles were exported from China to the US in 2024 and were dominated by US-branded models, analysts said.

Li Auto's weekly sales leaderboard, which it shares every Tuesday, may not continue to be published.

Starting April 1, Shanghai will subsidize 40 percent of equipment investments in battery swap stations open to other brands for a period of five years.

Those who buy Nio models on or before March 31 can take advantage of these subsidies.

Companies must not imply to consumers that driver assistance systems can be used as self-driving systems and are required to implement exit strategies when drivers are distracted.

The US has finalized rules to crack down on Chinese and Russian tech in connected cars, effectively banning smart cars from both countries from entering the US market.

Deutsche Bank analysts expect the subsidies to drive full-year demand growth of 3 million units in 2025 and support double-digit growth in the second and third quarters.

Shanghai has extended its policy of providing free license plates for purely electric vehicles for another year and relaxed the requirements for applicants.

The US government's arbitrary changes to the control rules have seriously affected the stable supply of US chip products, CAAM said.