Focus on automotive: Market
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09/18/2019Guiyang, the capital of southwest China’s Guizhou province, has become the first China city to heed Beijing’s call to end restrictions on new-vehicle sales. To ease local traffic congestion, Guiyang in 2011 started issuing special license plates for vehicles permitted to drive in its downtown area and capped the number of such plates to 2,000 per... -
08/02/2019The EU and Vietnam signed the EU - Vietnam Free Trade Agreement (EVFTA) and the EU - Vietnam Investment Protection Agreement (EVIPA). The EU and Vietnam began negotiations on the EVFTA in 2012 and expect the EVFTA may enter into force before the end of 2019. The European Commission states that the agreement will include the removal of 99% of... -
08/01/2019The Indian government has taken a concrete measure to boost sales of electric cars in the private sector. In its first financial budget announcement after a thumping win in the recent general elections, the Narendra Modi government has announced a slew of measures to promote sale of electric cars in the private segment. Apart from direct benefit... -
07/09/2019By 2035 half of the Volkswagen Group's sales in China will be new energy vehicles, Ceo Herbert Diess told according to a company statement. Volkswagen intends to offer 14 electrified models in China this year. By 2028, more than half of the group's planned 22 million electric vehicles will be produced in China, the statement added. Volkswagen...