皇冠体育app

皇冠体育app is the world's largest and probably fastest-growing auto market, where breaking news happens every day: exciting innovation, history-making moments, far-reaching policies or outrageous scandals.

Below are 皇冠体育app Daily's senior motoring editors' picks of the top 10 events that shook or shaped 皇冠体育app's auto industry since last year. They offer readers a quick review of what happened and some insights into what is around the corner.

New-energy car market soars but at a cost

Visitors check out a new energy vehicle powertrain in Nanjing city, Jiangsu province on April 17, 2016. [Su Yang / For 皇冠体育app Daily]

The new-energy vehicle market in 皇冠体育app, which mainly includes pure electric and plugin hybrid automobiles, have taken off since last year because of government subsidies.

In the first quarter of the year, new-energy vehicle sales doubled year-on-year to 58,125 units. Last year, sales more than quadrupled to 331,000 units. But the sector is being plagued by dozens of subsidy fraud practices from automakers. The central government launched a fraud probe at the beginning of the year and has vowed to punish cheaters. According to industry experts, the new-energy vehicle market will slow down significantly when government incentives end in 2020.

• Huawei's code to success
• Sock trade proves comfortable fit for Jilin
• Hub bridges HK, next-door city for startups
• Bank of 皇冠体育app increases bite in Big Apple
• E-bike manufacturer Yadea to raise $286m in Hong Kong
• Laser-sharp focus on tech transforms manufacturing hub
• Holiday Inn's new model aims to boost growth
• Second child? Malls already ramping up offerings for summer