Understanding regulations and procedures for importing used cars from China into Egypt
Ma Xi · 2025-01-07
cls · 2024-11-22
MOFCOM to Implement New Car Trade-In Policies for 2025
During the 2024 Automotive Finance Industry Summit, Song Yingjie, Deputy Researcher of the Consumption Promotion Department at the Ministry of Commerce (MOFCOM), revealed plans for next year's car trade-in policies. As of now, the nation has seen over 2 million applications each for vehicle scrappage and replacement, totaling more than 4 million. This has led to a more than 50% year-on-year increase in recycled vehicles from January to October.
In light of these figures, Song emphasized that the department would thoroughly evaluate the effectiveness of this year’s policies and plan next year’s car trade-in policies well in advance. This initiative aims to stabilize market expectations and focus on continuous improvement of automotive-related policies, thereby promoting easier and more reliable trading of second-hand cars.
Passenger Car Retail Market Forecast for November
The China Passenger Car Association (CPCA) has projected that the retail sales of narrow-scope passenger cars will reach around 2.4 million vehicles in November, reflecting a year-on-year growth of 15.4% and a month-on-month increase of 6.1%. The sales of new energy vehicles (NEVs) are expected to hit 1.28 million units, with a penetration rate of approximately 53.3%.
Xiaomi's Second Car Set for Early 2025 Release
An internal source at Xiaomi disclosed that the company plans to launch its second vehicle model between February and March 2025. This news was corroborated by another individual close to Xiaomi Automobile, who mentioned that the release timeline for this new model would align with the launch schedule of the previous Xiaomi SU7 series. However, specific details about the new vehicle's features and specifications remain under wraps.
2022 LI
L9
202344,000kmREEV
$45,612
2023 BYD
DOLPHIN
20247,000kmBEV
$11,129
2023 BYD
DOLPHIN
202315,000kmBEV
$11,929
2021 BYD
DOLPHIN
202233,000kmBEV
$9,894
2025 BYD
SEAGULL
20241,000kmBEV
$9,894
2023 HAVAL
M6
20239,600kmPetrol
$6,245
2023 VOLKSWAGEN
T-CROSS
20224,000kmPetrol
$12,813
2023 HYUNDAI
ELANTRA
20247,000kmPetrol
$11,831
The 2025 Guide to Import Used Cars from China to Egypt
Understanding regulations and procedures for importing used cars from China into Egypt
Ma Xi · 2025-01-07
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BYD Embraces AI and Robotics with New Research Center
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myzaker · 2024-12-17
Neta S Shooting Brake Launches with Advanced Tech and Competitive Pricing
Neta S shooting brake launches with BEV and EREV versions in six variants, starting at RMB 159,900. It targets young drivers with advanced features and competitive pricing.
sina · 2024-08-26
Bestune T90 Unveiled in Dubai: A New Benchmark in Family-Smart SUVs
The Bestune T90, a high-tech mid-size SUV, was recently unveiled at Dubai Autodrome, showcasing its advanced technology and exceptional driving experience. The launch event featured interactive displays and test drives, impressing industry leaders and media representatives.
Bestiune UAE · 2024-11-27
BYD Launches Double Song Models with 5th-Gen DM Technology Following the Qin L and the Seal 06 DM-i
BYD introduced the Song L DM-i and Song PLUS DM-i on July 25th, featuring ultra-low fuel consumption, powerful performance, and extended range, targeting mid-size SUV and A-class SUV markets.
eeo · 2024-07-31