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Jo118
2021-05-13

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Watch NIO, XPeng on report of new Chinese licensing rules on NEVs

The Shanghai Development and Reform Commission and other Chinese regulators are reportedly working on a new licensing policy for newenergy vehicles.The specifics of the new licensing threshold haven't be clarified, according to aCaixin report, which cites a person close to the new energy vehicle policymaking department.Shanghai is likely attempting to control the total number of vehicles, while stimulating the NEV market, according to Caixin.Watch NIO Inc., XPeng, Kandi Technologiesand Li Auto.Y

Watch NIO, XPeng on report of new Chinese licensing rules on NEVs

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yung
·2021-05-13
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