China releases requirements for NEV credit ratios for 2024-2025

On December 28, the Ministry of Industry and Information Technology of China (MIIT) issued the “Notification of Matters Concerning Corporate Average Fuel Consumption and New Energy Vehicle (NEV) Credit Management for the Years 2024-2025”, specifying the following:
1.       The 2024 and 2025 NEV credit ratio requireme....

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