Top 10 events between Shanghai and Beijing auto shows
Updated: 2016-05-11 06:54
(chinadaily.com.cn)
|
||||||||
China is the world's largest and probably fastest-growing auto market, where breaking news happens every day: exciting innovation, history-making moments, far-reaching policies or outrageous scandals.
Below are China Daily's senior motoring editors' picks of the top 10 events that shook or shaped China's auto industry since last year. They offer readers a quick review of what happened and some insights into what is around the corner.
New-energy car market soars but at a cost
Visitors check out a new energy vehicle powertrain in Nanjing city, Jiangsu province on April 17, 2016. [Su Yang / For China Daily] |
The new-energy vehicle market in China, which mainly includes pure electric and plugin hybrid automobiles, have taken off since last year because of government subsidies.
In the first quarter of the year, new-energy vehicle sales doubled year-on-year to 58,125 units. Last year, sales more than quadrupled to 331,000 units. But the sector is being plagued by dozens of subsidy fraud practices from automakers. The central government launched a fraud probe at the beginning of the year and has vowed to punish cheaters. According to industry experts, the new-energy vehicle market will slow down significantly when government incentives end in 2020.
- Putin prevails in Sochi all-star ice hockey game
- Shanghai Disney Resort starts internal test run
- Top 10 events between Shanghai and Beijing auto shows
- CPC creates cartoon to show how officials are selected
- Top 5 expected highlights at CES Asia 2016
- Business jet market hits air pocket
- Canada getting on top of Alberta wildfire, Fort McMurray off limits
- Young golfers enjoy the rub of the green
Most Viewed
Editor's Picks
Anti-graft campaign targets poverty relief |
Cherry blossom signal arrival of spring |
In pictures: Destroying fake and shoddy products |
China's southernmost city to plant 500,000 trees |
Cavers make rare finds in Guangxi expedition |
Cutting hair for Longtaitou Festival |
Today's Top News
Liang avoids jail in shooting death
China's finance minister addresses ratings downgrade
Duke alumni visit Chinese Embassy
Marriott unlikely to top Anbang offer for Starwood: Observers
Chinese biopharma debuts on Nasdaq
What ends Jeb Bush's White House hopes
Investigation for Nicolas's campaign
Will US-ASEAN meeting be good for region?
US Weekly
Geared to go |
The place to be |