# new%20energy%20vehicles
Latest news and articles about new%20energy%20vehicles
Total: 16 articles found
China’s January Car Retail Slumps Month-on-Month but EVs Now Nearly Half the Market
January retail sales of China’s narrow passenger-car market are estimated at about 1.8 million units, down 20.4% from December but roughly flat year-on-year. NEVs made up around 800,000 of those sales, reaching a 44.4% retail penetration and underscoring the swift structural shift toward electrified vehicles.
Beijing Doubles Down on 6G, Quantum and Heavy Industry to Rewire China’s Tech Future
China’s MIIT announced accelerated progress across 6G, quantum, AI and heavy manufacturing, reporting substantial gains in chip‑related output, robots and new energy vehicles. Officials emphasised China’s strong position in 5G patents and early 6G trials, and outlined policy measures to fast‑track commercialization and create future‑industry hubs.
Beijing Offers Interest Subsidies to Spur SME Investment in Strategic Supply Chains
China’s Ministry of Finance will subsidise 1.5 percentage points of interest on qualifying fixed-asset loans to private small and micro enterprises in targeted industrial chains, effective from January 1, 2026. The one-year pilot caps subsidy per loan at RMB 50 million and channels support through a designated set of banks with central–provincial coordination and auditing mechanisms.
Dreame CEO’s Planet‑sized Valuation Target Sparks Staff Backlash and Questions Over Ambition
Dreame Technology CEO Yu Hao defended an eyebrow‑raising long‑term valuation target after an employee publicly criticised it in a company chat that went viral on Weibo. Yu framed the aim as a decades‑long ambition, stressed that the company has been profitable and shrugged off internal dissent, but the episode highlights governance and financing questions as Dreame pivots from consumer vacuums into capital‑intensive sectors like electric vehicles.