▲ BMW AIMS TO BUILD OVER 95% OF CARS SOLD IN CHINA LOCALLY BY 2030 AMID SALES SLUMP▲ BYD, GEELY, CHERY BACK CHINA-EU UNDERSTANDING ON HYBRID CAR TRADE▲ CHERY PARTNERS WITH BOSCH TO BRING ADAS TO SIX NEW MODELS IN EUROPE▲ CHINA AUTO RETAIL SALES DROP 24% IN OCT 1–11 DESPITE SEQUENTIAL REBOUND▲ CHANGAN EVALUATES PHEV AND EREV LAUNCHES IN AUSTRALIA▲ SECOND-GENERATION BYD SEAGULL SET FOR OCTOBER 20 LAUNCH WITH LIDAR AND EXPANDED DIMENSIONS▲ CHANGAN AND CATL TO COLLABORATE ON 1,500 KM SOLID STATE CELLS, ESTABLISH 75 GWH BATTERY LINES▲ UPDATED ZEEKR 7X LAUNCHED IN EUROPE WITH A 40 HP POWER BOOST AT 52,990 EUR▲ CHERY’S JETOUR TRAVELLER 7 LAUNCHES IN CHINA WITH ICE AND PHEV OPTIONS, STARTING FROM 20,900 USD▲ FAW-VW TEASES NEW MODEL, POTENTIALLY SECOND IN ID. AURA LINEUP▲ BMW AIMS TO BUILD OVER 95% OF CARS SOLD IN CHINA LOCALLY BY 2030 AMID SALES SLUMP▲ BYD, GEELY, CHERY BACK CHINA-EU UNDERSTANDING ON HYBRID CAR TRADE▲ CHERY PARTNERS WITH BOSCH TO BRING ADAS TO SIX NEW MODELS IN EUROPE▲ CHINA AUTO RETAIL SALES DROP 24% IN OCT 1–11 DESPITE SEQUENTIAL REBOUND▲ CHANGAN EVALUATES PHEV AND EREV LAUNCHES IN AUSTRALIA▲ SECOND-GENERATION BYD SEAGULL SET FOR OCTOBER 20 LAUNCH WITH LIDAR AND EXPANDED DIMENSIONS▲ CHANGAN AND CATL TO COLLABORATE ON 1,500 KM SOLID STATE CELLS, ESTABLISH 75 GWH BATTERY LINES▲ UPDATED ZEEKR 7X LAUNCHED IN EUROPE WITH A 40 HP POWER BOOST AT 52,990 EUR▲ CHERY’S JETOUR TRAVELLER 7 LAUNCHES IN CHINA WITH ICE AND PHEV OPTIONS, STARTING FROM 20,900 USD▲ FAW-VW TEASES NEW MODEL, POTENTIALLY SECOND IN ID. AURA LINEUP

China cuts NEV export tax rebates, testing profitability of automakers' overseas growth

October 12, 2026

The export VAT rebate rate for NEVs will fall from 13% to 9% starting April 1, 2027. For details, please visit CnEVPost (cnev.co).

Continue reading at cnevpost.com