China Subsidy
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China Offering Rs 1.15 Lakh To Drivers Who Trade Old Car For New Model
Drivers in China who trade in an old car for a newer model are eligible for a subsidy of up to 10,000 yuan ($1,380 or Rs 1,15,096), the commerce ministry has announced.
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US President Joe Biden Signs Order for Implementation of CHIPS Act, Forms Council for Policy Development
US President Joe Biden signed an order to implement the CHIPS Act on Thursday. The executive order will ensure subsidy for manufacturing semiconductor chips in the US. The implementation plan worth $52.7 billion (nearly Rs. 4,21,000 crore) aims at encouraging chip manufacturing and research in the country.
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US President Joe Biden Signs Landmark CHIPS Bill to Boost Semiconductor Manufacturing, Competition With China
US President Joe Biden signed signed the CHIPS Act on Tuesday, the new legislation that provides $52.7 billion (roughly Rs. 4,19,400 crore) in subsidies for US chip production and research. The bill was also designed to boost efforts to make the US more competitive with China and motivate firms to manufacture more chips in the country.
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US Says It Will Limit Size of Government Subsidy on Semiconductor Chips
The US Commerce Department has announced that it will limit the size of government subsidies for semiconductor manufacturing. The Commerce Department said that applicants must supply detailed financial information and projections for proposed projects and capital investment plans.
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CHIPS Act Passed by US Senate to Boost Domestic Chip Manufacturing, Compete With China
The CHIPS Act was passed by the US Senate on Wednesday, with a rare bipartisan vote. The act is aimed at boosting companies in the US to compete with China, while attempting to reduce the ongoing component shortage affecting the industry. The CHIPS Act will provide for about $52 billion (roughly Rs. 4,14,754 crore) in government subsidies for US se...
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US President Joe Biden Pushes Congress to Pass $52 Billion Bill to Boost US Chip Production
US President Joe Biden pressed Congress on Monday, asking it to pass a bill to provide US chipmakers with $52 billion (roughly Rs. 4,14,800 crore) in subsidies to reduce foreign sourcing for semiconductors. He cited both the economic and national security "imperative" of securing production of the tiny components needed for everything from smartpho...
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China In Talks With Automakers On EV Subsidy Extension - Report
China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022.
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China In Talks With Automakers On EV Subsidy Extension - Report
China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022.
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China NEV Sales Drop 18.6% In January After Subsidy Cut
China has ambitious goals in promoting NEVs as part of efforts to curb air pollution and believes the industry has matured enough to be driven by demand rather than subsidies.
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China To Cut New Energy Vehicle Subsidies By 30% In 2022
The Ministry said on its website the 2022 NEV subsidies policy will terminate on December 31, 2022, and NEV will not be subsidised afterwards.
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China NEV Sales Drop 18.6 Per Cent In January After Subsidy Cut
December sales surged as buyers rushed in ahead of a subsidy cut that took place in January, Cui Dongshu, Secretary-General of another industry body China Passenger Car Association (CPCA) said on Monday.
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China NEV Sales Drop 18.6% In January After Subsidy Cut
China has ambitious goals in promoting NEVs as part of efforts to curb air pollution and believes the industry has matured enough to be driven by demand rather than subsidies.
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China To Cut New Energy Vehicle Subsidies By 30% In 2022
China will cut its subsidies on new energy vehicles (NEV), such as electric cars, by 30% next year, the Finance Ministry said on Friday.
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BYD Dolphin Electric Car Launched In China; Prices Start At Less Than $20,000
Even the baseline model with a 70 kW motor can do 0-50 kmph speeds in 3.9 seconds and has a top speed of 150kmph.
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General Motors Energises China Line-Up With Electric Micro Car
The Wuling MINI, the micro EV from GM's China joint venture, is heading a trend towards a new segment of EVs in China following changes to government subsidies - smaller vehicles with less range between charges, but a super-cheap price tag.
-
China Offering Rs 1.15 Lakh To Drivers Who Trade Old Car For New Model
Drivers in China who trade in an old car for a newer model are eligible for a subsidy of up to 10,000 yuan ($1,380 or Rs 1,15,096), the commerce ministry has announced.
-
US President Joe Biden Signs Order for Implementation of CHIPS Act, Forms Council for Policy Development
US President Joe Biden signed an order to implement the CHIPS Act on Thursday. The executive order will ensure subsidy for manufacturing semiconductor chips in the US. The implementation plan worth $52.7 billion (nearly Rs. 4,21,000 crore) aims at encouraging chip manufacturing and research in the country.
-
US President Joe Biden Signs Landmark CHIPS Bill to Boost Semiconductor Manufacturing, Competition With China
US President Joe Biden signed signed the CHIPS Act on Tuesday, the new legislation that provides $52.7 billion (roughly Rs. 4,19,400 crore) in subsidies for US chip production and research. The bill was also designed to boost efforts to make the US more competitive with China and motivate firms to manufacture more chips in the country.
-
US Says It Will Limit Size of Government Subsidy on Semiconductor Chips
The US Commerce Department has announced that it will limit the size of government subsidies for semiconductor manufacturing. The Commerce Department said that applicants must supply detailed financial information and projections for proposed projects and capital investment plans.
-
CHIPS Act Passed by US Senate to Boost Domestic Chip Manufacturing, Compete With China
The CHIPS Act was passed by the US Senate on Wednesday, with a rare bipartisan vote. The act is aimed at boosting companies in the US to compete with China, while attempting to reduce the ongoing component shortage affecting the industry. The CHIPS Act will provide for about $52 billion (roughly Rs. 4,14,754 crore) in government subsidies for US se...
-
US President Joe Biden Pushes Congress to Pass $52 Billion Bill to Boost US Chip Production
US President Joe Biden pressed Congress on Monday, asking it to pass a bill to provide US chipmakers with $52 billion (roughly Rs. 4,14,800 crore) in subsidies to reduce foreign sourcing for semiconductors. He cited both the economic and national security "imperative" of securing production of the tiny components needed for everything from smartpho...
-
China In Talks With Automakers On EV Subsidy Extension - Report
China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022.
-
China In Talks With Automakers On EV Subsidy Extension - Report
China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022.
-
China NEV Sales Drop 18.6% In January After Subsidy Cut
China has ambitious goals in promoting NEVs as part of efforts to curb air pollution and believes the industry has matured enough to be driven by demand rather than subsidies.
-
China To Cut New Energy Vehicle Subsidies By 30% In 2022
The Ministry said on its website the 2022 NEV subsidies policy will terminate on December 31, 2022, and NEV will not be subsidised afterwards.
-
China NEV Sales Drop 18.6 Per Cent In January After Subsidy Cut
December sales surged as buyers rushed in ahead of a subsidy cut that took place in January, Cui Dongshu, Secretary-General of another industry body China Passenger Car Association (CPCA) said on Monday.
-
China NEV Sales Drop 18.6% In January After Subsidy Cut
China has ambitious goals in promoting NEVs as part of efforts to curb air pollution and believes the industry has matured enough to be driven by demand rather than subsidies.
-
China To Cut New Energy Vehicle Subsidies By 30% In 2022
China will cut its subsidies on new energy vehicles (NEV), such as electric cars, by 30% next year, the Finance Ministry said on Friday.
-
BYD Dolphin Electric Car Launched In China; Prices Start At Less Than $20,000
Even the baseline model with a 70 kW motor can do 0-50 kmph speeds in 3.9 seconds and has a top speed of 150kmph.
-
General Motors Energises China Line-Up With Electric Micro Car
The Wuling MINI, the micro EV from GM's China joint venture, is heading a trend towards a new segment of EVs in China following changes to government subsidies - smaller vehicles with less range between charges, but a super-cheap price tag.
