Sales model revolution: How to race ahead in China’s NEV market

Presented by

ITR and KPMG China

About this talk

In association with KPMG China, ITR will host a live webinar on February 24 at 9am GMT (London time) / 5pm CST (Beijing time). Amid the global pandemic and economic slowdown, the new energy vehicle (NEV) industry remains strong and shows promising growth opportunities. On April 23 2020, several Chinese government authorities including the Ministry of Finance, the Ministry of Science and Technology, the Ministry of Industrial and Information Technology, and the National Development and Reform Commission jointly issued Circular Cai Jian No. 86, which extends the subsidies made to NEVs to the end of 2022. New standards, business models and influential players are emerging in the NEV in China. Emerging NEV players are disrupting automotive retail through a direct sales model. Balancing user experience and cost efficiency is key to cracking direct sales model. Traditional sector original equipment manufacturers (OEMs) will have to focus on cross-channel integration and align their innovations with the direct sales model. In the webinar, KPMG China will introduce common NEV sales models and a number of tax issues and opportunities which would come to light.
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