Hydrogen Energy and Green Transition Policy
Covers government policies, pilot programs, and initiatives related to hydrogen energy deployment and national green transition strategies.
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China Refutes 'Overcapacity' Claims, Repeatedly Citing the Automotive Industry
China’s Ministry of Commerce released a detailed rebuttal against claims of industrial overcapacity, using the electric vehicle sector as a key example to demonstrate market-driven competitiveness and strong domestic demand. The report underscores China's role in the global green transition and calls for open, cooperative supply chains.
MIIT Launches Zero-Carbon Factory and Computing Power Infrastructure Initiative
The Chinese Ministry of Industry and Information Technology (MIIT) has launched a national-level initiative to establish zero-carbon factories and computing power facilities, requiring participants to meet strict decarbonization targets by 2030. The program emphasizes verified renewable energy use, annual progress reporting, and ongoing oversight.
RMB 22 Billion in Government Bonds to Support Replacement of Aging Freight Trucks
China will allocate RMB 22 billion from ultra-long-term special government bonds to accelerate the replacement of aging commercial freight trucks, with new energy heavy-duty trucks receiving priority subsidies starting in 2026. Over 3,000 charging and battery-swap stations will be deployed nationwide to support this green transition.
Hainan Sets 2030 Deadline to Ban Sales of Fossil Fuel Vehicles
Hainan Province will implement a complete ban on fossil fuel vehicle sales starting in 2030, becoming the first in China to do so. The policy aims for 45% new energy vehicle (NEV) penetration across its total vehicle fleet and 100% clean-energy adoption in both public and private sectors.
New Energy Vehicle and Vessel Tax Incentives to Be Phased Out Starting in 2027
China will eliminate vehicle and vessel tax incentives for energy-efficient and new energy commercial vehicles starting January 1, 2027. While most private BEV and fuel cell car owners remain unaffected, plug-in hybrid passenger car owners will face new annual taxes.
Hainan to Ban Sales of Fossil Fuel Vehicles by 2030
Hainan Province will become China’s first to fully ban the sale of fossil fuel vehicles by 2030, as outlined in its latest ecological civilization plan. With NEV penetration already at nearly 24% in early 2026, the province aims to reach 45% by the end of the decade.
Three Departments Adjust Preferential Policies on Vehicle and Vessel Tax
Starting January 1, 2027, China will eliminate tax breaks for energy-saving vehicles and commercial new-energy vehicles, signaling a strategic shift toward market-driven EV growth. Passenger BEVs and fuel cell cars remain unaffected.
Adjustment of Vehicle and Vessel Tax Policy for New Energy Commercial Vehicles
Beginning January 1, 2027, battery electric, plug-in hybrid, and fuel cell commercial vehicles in China will no longer be exempt from vehicle and vessel tax. The move signals the systematic phase-out of support policies as the EV industry transitions to a market-driven era.
Major Adjustment to Vehicle and Vessel Tax Policy: End of Incentives for PHEVs and Commercial EVs in 2027
Starting January 1, 2027, China will end vehicle and vessel tax exemptions for plug-in hybrid, range-extended, and electric commercial vehicles as part of a strategic phase-out following industry maturity. Pure electric and fuel cell passenger cars retain full exemption.
Adjustment of Vehicle and Vessel Tax Signals Shift Toward New Energy Transition
China’s recent adjustment to vehicle and vessel tax incentives reflects the new energy vehicle sector’s evolution from policy-dependent to market-led growth, with NEV penetration exceeding 60% in passenger vehicles. The calibrated phase-out of tax exemptions acknowledges industry maturity and promotes fair competition.
All-New BMW X5 Debuts with Five Powertrain Options
The latest BMW X5 generation arrives with an unprecedented five powertrain choices—including all-electric and hydrogen fuel cell variants—plus a bold new design, extended wheelbase, and advanced iDrive tech. The long-wheelbase model launches in Q4 2026.
BMW Unveils Fifth-Generation X5/iX5 with Neue Klasse Design and Multi-Powertrain Strategy
BMW has revealed the fifth-generation X5 and iX5, introducing the brand's Neue Klasse design language and offering five powertrain variants—including all-electric and hydrogen fuel cell. Global launch begins late 2026, with localized long-wheelbase production expected in 2027.