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BREAKING
Information Minister in Pakistani-administered Kashmir: Five civilians killed and at least 29 others injured in shelling across the border with India
Israeli Army Radio's diplomatic correspondent quoted a senior Israeli official as saying: So he [Trump] decided to cut off contact. That might still change, but that’s the situation right now
Israeli Army Radio's diplomatic correspondent quoted a senior Israeli official as saying: Trump’s circle told him [Dermer] that Netanyahu was manipulating him, and there’s nothing Trump hates more than being portrayed as someone being played
Senior Palestinian official to Al Mayadeen: Meetings between the Israelis, Egyptians, and Qataris are all centered around the Israeli proposal, which does not guarantee an end to the war [on Gaza]
Senior Palestinian official to Al Mayadeen: “Israel” is threatening to expand the ground offensive if Hamas rejects the proposal
Senior Palestinian official to Al Mayadeen: Hamas rejects the Israeli proposal, viewing it as failing to guarantee an end to the war
Senior Palestinian official to Al Mayadeen: “Israel” is sticking to its proposal, and insists there is no alternative offer on the table for negotiation
Senior Palestinian official to Al Mayadeen: The meetings between the Israelis and the Egyptians and Qataris all revolve around the Israeli proposal
The administration was clearly looking for an off-ramp for this campaign against Ansar Allah, NBC News reports, citing US official
Trump's operation against Ansar Allah cost more than $1 billion, NBC News reports, citing US official

China will reduce new energy vehicle subsidies by 30% in 2022

  • By Al Mayadeen Net
  • Source: Agencies
  • 1 Jan 2022 20:16
2 Min Read

The Chinese Ministry of Finance had announced that NEV subsidies would be reduced by 10%, 20%, and 30% from 2020 to 2022 respectively.

  • x
  • Wuling Hong Guang Chinese MINI Electric Vehicle
    Wuling Hong Guang Chinese MINI Electric Vehicle

In 2022, China will reduce subsidies for new energy vehicles (NEVs), such as electric automobiles, by 30% and eliminate them entirely by the end of the year, according to the Finance Ministry's website, cited by Reuters.

In April 2020, the ministry said that NEV subsidies would be reduced by 10%, 20%, and 30%, respectively, from 2020 to 2022. Subsidies for NEVs for public transportation would be reduced by 10% in 2021 and 20% in 2022.

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By 2025, China, which holds the world's largest auto market, wants NEVs, such as plug-in hybrids and hydrogen fuel cell vehicles, to account for 20% of all vehicle sales.

Volkswagen AG, General Motors Co, Toyota Motor Corp., and Tesla Inc are among the global automakers increasing electric vehicle manufacturing in China.

On Friday, NIO announced that owners of its ES8, ES6, and EC6 vehicles who placed a deposit on or before Dec. 31, 2021, and who take delivery before March 31, 2022, can still take advantage of the 2021 plan's incentives. According to the Shanghai-based corporation, any shortfall under the 2022 strategy will be borne by it.

China said it will also tighten oversight of NEV safety issues to prevent mishaps, according to the ministry. In December, a trade association, the China Association of Automobile Manufacturers, predicted that sales of NEVs in China will increase by 47 percent to 5 million by 2021.

  • EV
  • economy
  • electric cars
  • China

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Pro-Palestinian protesters march toward the US Immigration and Customs Enforcement (ICE) headquarters, Saturday, April 5, 2025, in Washington (AP)

US House to vote on bill criminalizing boycott of 'Israel'

  • Politics
  • 3 May 2025
Throughout Operation Prosperity Guardian, current and former US military and intelligence officials expressed disquiet at the enormous “cost offset” involved in battling Ansar Allah. (Al Mayadeen English; Illustrated by Zeinab El-Hajj)

Ansar Allah triumphant: US facing Red Sea defeat again

  • Opinion
  • 3 May 2025
Pakistan downs an Indian jet and hits a military base in Kashmir escalation.

Pakistan downs 3 Indian jets, hits military base in Kashmir escalation

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Trump cut off contact with Netanyahu, senior Israeli official says

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