China will end foreign ownership caps on local auto companies by 2022 and will remove restrictions on new-energy vehicle ventures this year, a major shift that will open the market wider to carmakers such as Nissan and Tesla. The country will remove limits on companies making full electric and plug-in hybrid vehicles in 2018, commercial-vehicle companies in 2020 and the wider passenger vehicle market by 2022, China's state planner said in a statement. The move, which comes am

China is both the most-polluting nation on Earth and, at the same time, its biggest producer of “clean” energy. That’s the paradox of this “factory of the world”, which decided several years ago to take on the energy challengeand gradually reduce its use of coal in favor of hydroelectric, wind, solar and nuclear power. China’s Vice Premier Zhang Gaoli and International Energy Agency Executive Director Fatih Birol met in December, when Birol visited Beijing to discuss China’s

BEIJING (Reuters) - Renault and Brilliance China Automotive Holdings Ltd have formed a joint venture to design and manufacture light commercial vehicles (LCVs) in China, with an aim to sell 150,000 such vehicles a year by 2022, the two firms reported. The venture, Renault-Brilliance-Jinbei Automotive Co, will have manufacturing operations in Shenyang, the provincial capital of Liaoning, they said in a joint statement. It plans to produce and sell multi-purpose vans and commer