New Energy Vehicles Archives - Auto Global News – Global Car News & Reviews

Shanghai Extends Free EV License Plates for Another Year

M.Chen — Thu, 01 Jan 2026 01:56:59 +0000

Shanghai will continue offering free license plates to electric vehicle (EV) owners in the city through December 31, 2026. The policy aims to boost adoption of new energy vehicles and supports companies like Tesla and Nio.

Key Takeaways

The free license plate offer extends for another year in Shanghai.

New Energy Vehicles (NEVs) made up 60.75% of all vehicle registrations from January to November.
PHEV owners won’t qualify for the program starting next year, focusing on battery electric vehicles and extended-range EVs exclusively.

Shanghai’s decision underscores its commitment to fostering a green automotive industry by encouraging more people to buy BEVs. The city has been leading in NEV adoption with strong support from local authorities.

In 2025, the number of registered vehicles rose by 5% year-over-year, but NEVs saw an even bigger jump at 20%, showing a growing preference for EVs over traditional fuel cars. This trend aligns with national goals to reduce carbon emissions and promote sustainable transport.

The city’s free license plate policy has been instrumental in driving this growth since it was first introduced several years ago, helping Shanghai become one of the most electric vehicle-friendly cities in China. However, starting from January 2023, PHEVs were excluded from receiving these perks.

Applicants for free EV plates must meet strict criteria such as having a local Hukou or at least three years’ social insurance contributions within Shanghai over four years before applying. Foreigners and holders of valid residence permits also qualify under certain conditions.

Frequently Asked Questions

Who qualifies for free EV license plates?

Residents with local Hukou, companies registered locally, or those who’ve paid social insurance in Shanghai for at least three years out of the last four qualify. Foreigners need a valid residence permit and six months’ continuous contributions.

What’s the cost of traditional fuel vehicle license plates?

The current price stands at over RMB 90,000 ($12,330) through an auction system. This has remained stable for years despite rising demand.

This policy extension will likely keep Shanghai’s EV market thriving and attract more manufacturers looking to tap into the growing green car segment in China.

The post Shanghai Extends Free EV License Plates for Another Year appeared first on Auto Global News – Global Car News & Reviews.

China’s Auto Sales Projected to Exceed 34 Million Units in 2025, NEVs Leading the Charge

AGN Editor — Fri, 28 Nov 2025 14:44:57 +0000

China is projected to see its auto sales exceed 34 million units by the end of 2025, with new energy vehicle (NEV) sales expected to reach a record high of 16 million units. According to Chen Xu, deputy secretary-general of China Association of Automobile Manufacturers (CAAM), this growth will be accompanied by a significant rise in auto exports, surpassing 6.8 million units.

Key Takeaways

New energy vehicle sales expected to reach 16 million units in 2025.
Total auto sales projected to grow by 8.28% from last year’s figures.
A significant increase of 16.24% is anticipated for auto exports this year.

Chen Xu, deputy secretary-general of CAAM, highlighted that the growth in NEV sales will lead China’s overall vehicle market expansion. The projected rise in NEVs reflects a trend towards greener transportation solutions and underscores China’s commitment to reducing carbon emissions.

The forecast also indicates a slowdown in auto sales growth during the final two months of 2025, differing from previous years’ robust year-end performance. This deceleration is attributed to the phase-out of vehicle trade-in subsidies by multiple provinces and cities, which has reduced demand front-loading.

Furthermore, China’s current policy exempting NEVs from purchase tax will expire at the end of 2025. Starting next year, consumers purchasing such models will face a five percent purchase tax, half the standard rate. This change is expected to impact consumer behavior and potentially slow down the rapid growth in NEV sales.

Frequently Asked Questions

What are China’s projected auto exports for 2025?

The CAAM forecasts that China will export over 6.8 million units of vehicles in 2025, marking a significant increase from previous years.

How much is the NEV purchase tax expected to be after the current exemption ends?

The five percent purchase tax will apply to all new energy vehicle purchases starting next year, which is half of the standard rate.

In summary, China’s auto market continues to demonstrate strong growth in 2025, particularly in NEVs and exports. However, the phase-out of subsidies and impending changes to tax policies may temper future growth rates.

The post China’s Auto Sales Projected to Exceed 34 Million Units in 2025, NEVs Leading the Charge appeared first on Auto Global News – Global Car News & Reviews.