News - Page 61 of 418 - Auto in China

China’s Economic Planner NDRC Holds Meeting with 6 Private Firms, Including Nio
2023-07-25 Car News / News
NDRC Engages with Private Firms, Including Nio, for Economic Insights (Image credit: Auto in China) China's National Development and Reform Commission (NDRC) recently held meetings with several private companies, including Nio, to seek their advice on revitalizing the country's private sector. Deputy Director Cong Liang led a meeting with six…
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Understanding the Surprising Rise, Not Fall, of New Energy Electric Vehicle Prices in Central Asia
2023-07-25 Uzbekistan / Local News / News
The prices of new energy electric vehicles (NEEVs) in Central Asian countries have remained notably higher than domestic ones, and this trend may persist until market supply and demand find equilibrium. Several objective factors contribute to the higher prices, including international logistics, customs taxes, brand premiums, and vehicle availability. Understanding…
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China’s Yutong Inaugurates Car Service Center in Uzbekistan
2023-07-25 Uzbekistan / Local News / News
On July 11, 2023, Yutong Corporation, a prominent Chinese automaker, launched its latest 12-meter bus model, the Yutong ZK6128H, in Samarkand, Uzbekistan. The event also marked the grand opening of the largest service center for Chinese automakers in the country. Having been present in the Uzbek market since 2012, Yutong…
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Emerging Trends in Uzbekistan’s Electric Vehicle Import Market
2023-07-25 Uzbekistan / Local News / News
Uzbekistan has emerged as a frontrunner in Central Asia's electric vehicle import market. The country's remarkable growth in brand diversity, competitive pricing, and rising import numbers has set it apart from its regional counterparts. The latest import data indicates a significant surge in electric vehicle imports, with China dominating the…
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Chinese Automakers Secure 50% Share of Russia’s Auto Market
2023-07-24 Russia / Local News / News
Chinese carmakers have significantly increased their presence in the Russian auto market, capitalizing on the departure of Western carmakers following the Ukraine invasion. In June, approximately 40,000 Chinese cars were imported, accounting for nearly half (49%) of Russia's market share, a substantial increase from 31% at the end of last…
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Russia to Seize Parallel-Imported Cars and Heighten Vigilance against Counterfeit Used Car Exports
2023-07-24 Russia / Local News / News
Recently, the Federal Customs Service of the Russian Federation has launched a special operation to crack down on the illegal trade of vehicles imported from Kyrgyzstan and Armenia at undervalued prices. This action directly impacts buyers who attempt to evade high tariffs underreporting the prices of imported cars. According to…
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