BizChina

HiPhi debuted in Beijing Auto Show 2020

The Ministry of Industry and Information Technology, China's top industry regulator, said in an exclusive interview with China Daily that it will step up efforts to encourage Chinese new energy vehicle enterprises to accelerate overseas development, warning that the restrictive measures imposed by a "certain country and region" on Chinese electric cars will undermine interests of global consumers.

Jack Ma, co-founder of Chinese tech heavyweight Alibaba Group Holding Ltd, affirmed on Wednesday the courage Alibaba's new leadership team had to embrace new changes, saying the company has returned to a healthy growth track and will continue to innovate.

Meituan and Hallo shared bikes at Zhoujiazhuang North Road of Beijing on 16th Sep 2022.

China's popular bike-sharing is helping achieve the country's green goals as the pedaling activity contributes to carbon reduction.

Over the past year, users of shared bicycles and e-bikes via internet platform Meituan have saved 436,500 tonnes of carbon dioxide by cycling, the company said in a report released ahead of World Cycling Day.

EV Charging Station of Xpeng.

With more cities releasing policies on new energy vehicle battery swapping, the sector is expected to usher in a boom and better support the development of NEVs.

Earlier this month, Chongqing in Southwest China released their NEV battery swapping pilot plan, saying that the city will set up more than 200 battery-swap stations and promote more than 10,000 NEVs capable of battery swapping by 2023.