Chinese automaker Chery has denied an industry-ministry audit that disqualified more than $53 million in state incentives for thousands of its electric and hybrid vehicles, insisting it followed official guidance and committed no fraud.
Chery said on Saturday it had “truthfully reported” difficulties obtaining end-sale certificates for cars sold more than five years ago and had applied for the incentives only after regulators advised it to submit the paperwork for verification.
China’s Ministry of Industry and Information Technology (MIIT) last month ruled that 21,725 vehicles declared by several manufacturers did not qualify for new-energy subsidies between 2016 and 2020 because of missing documents or unmet mileage targets. The decision covered 7,663 Chery vehicles and 14,062 produced by rivals including BYD, disqualifying funding worth about $53 million in total—almost 60 % of all contested claims.
MIIT did not allege fraud, nor did it outline penalties, although Beijing has previously required companies to repay subsidies when mileage rules are breached. Chery said the audit involved applications that had not yet been paid, so no reimbursement would be necessary.
BYD, China’s largest electric-vehicle maker, did not respond to Reuters questions.
Beijing’s subsidy scheme, which ran until 2022, helped make China the world’s biggest electric-car market; the country accounted for more than 60 % of global EV sales last year, according to the International Energy Agency. Regulators have since stepped up compliance checks amid concerns about abuse of public funds.
Industry analysts said the latest findings could tighten scrutiny of manufacturers’ reporting but were unlikely to dent consumer demand in a market where battery-powered cars now make up more than one in three new registrations.
President Ilham Aliyev said Azerbaijan ended 2025 as a year of peace, security and stability, stressing that unity between the people and the governme...
Iranian President Masoud Pezeshkian warned that Tehran’s answer to any aggression will be decisive and “discouraging” and Foreign Minister Abbas...
The United States Embassy in Tashkent has confirmed that the issuance of Diversity Visas (DV) commonly referred to as Green Card visas has been suspen...
Afghanistan is expected to remain one of the world’s largest humanitarian crises in 2026, with nearly half of the population projected to require hu...
The Russian radio station known as 'Doomsday Radio' (or UVB-76) unexpectedly began playing ‘Swan Lake’, music from a ballet composition. The last ...
President Ilham Aliyev said Azerbaijan ended 2025 as a year of peace, security and stability, stressing that unity between the people and the government remained the main factor behind the country’s achievements.
Almost seventeen years ago, in December 2008, I worked with a film crew shooting a documentary on the Armenia and Azerbaijan conflict for Al Jazeera English.
A tragic train collision near Machu Picchu, one of Peru's most iconic tourist destinations, has resulted in the death of a train driver and left at least 40 others injured. The incident occurred on Tuesday, when two trains collided head-on on the railway that leads to the ancient Inca citadel, which
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 31st of December, covering the latest developments you need to know.
The Russian radio station known as 'Doomsday Radio' (or UVB-76) unexpectedly began playing ‘Swan Lake’, music from a ballet composition. The last time this was done was during the deaths of Soviet-era leaders and the 1991 coup.
Protests in Iran over soaring prices and a plunging rial have spread to universities in Tehran, as students join shopkeepers and bazaar merchants in demanding government action. With inflation above 42% and the rial at record lows, unrest continues to grow across the country.
As Russia’s war in Ukraine enters its fourth year, rising casualties, economic struggles, and mounting unrest expose cracks in society. Despite Kremlin propaganda, frustration is growing as more Russians question the government’s narrative, according to The Washington Post.
The head of Yemen’s Presidential Council, Rashad al-Alimi, has ordered all forces linked to the United Arab Emirates to leave Yemen within 24 hours.
European leaders held talks on Ukraine after Russia said it would revise its negotiating position, citing an alleged Ukrainian drone attack that Kyiv has firmly denied.
Iranian President Masoud Pezeshkian warned that Tehran’s answer to any aggression will be decisive and “discouraging” and Foreign Minister Abbas Araghchi urged his counterparts to strongly denounce US President Donald Trump’s recent threat of military strike against Iran.
The United States Embassy in Tashkent has confirmed that the issuance of Diversity Visas (DV) commonly referred to as Green Card visas has been suspended, although applicants may continue to submit applications and attend interviews, according to an official embassy statement.
Afghanistan is expected to remain one of the world’s largest humanitarian crises in 2026, with nearly half of the population projected to require humanitarian assistance, according to a new report published by the United Nations Office for the Coordination of Humanitarian Affairs (OCHA).
The Russian radio station known as 'Doomsday Radio' (or UVB-76) unexpectedly began playing ‘Swan Lake’, music from a ballet composition. The last time this was done was during the deaths of Soviet-era leaders and the 1991 coup.
Türkiye will never tolerate coercion, piracy, or banditry in its maritime “blue homeland,” President Recep Tayyip Erdoğan said on Wednesday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment