December 5, 2016 by Joey Wang
China has launched a new additional 10% consumption tax on expensive cars, dubbed the ‘supercar tax’ by Chinese media. The tax came into effect yesterday December 1.
The tax affects any car that has a retail price of more than 1.3 million yuan ($190,000). It comes on top of the standard consumption tax, which depends on engine size. The new tax affects only imported cars. In a statement the Ministry of Finance said (translated): “In order to guide rational consumption and promote energy saving and emission reduction, the State Council [cabinet] has approved a consumption tax on luxury cars.”
November 29, 2016 by Tycho de Feijter
Green Lord Motors has arrived in Hong Kong with their GLM-G4 electric supercar. Green Lord Motors, or GLM for short, is a Japanese engineering company. They were closely involved in the development of the crazy TommyKaira ZZ open sport scar, they are working with Chinese company Singulato to develop a range of electric SUVs, and now they have launched their GLM-G4.
November 25, 2016 by W.E. Ning
The Guangzhou Auto Show is running at full speed, and racing along are a lot of supercars. All major manufacturers were present with the notable exception of McLaren. The Guangzhou Pearl River Delta area is one of the richest places of China with trillions being made by exporting everything to everywhere.
That means a big market forsuper cars and the cities in the delta are full with dealers and shops. Many manufacturers that enter China start in Guangzhou before moving on to Shanghai and Beijing. Guangzhou was also the very first city in China to have a sizable population of supercars. The boom started early in the late 1980’s with cars smuggled in from Hong Kong, some with the wheel on ‘wrong’ side.
November 22, 2016 by Tycho de Feijter
The spectacular Guangzhou Auto Trumpchi EnLight electric supercar concept was unveiled at the 2016 Guangzhou Auto Show in China. The machine looked properly manic, painted in matte silver and blue, with a carbon fiber tub, and with huge gull wing doors attached to the B-pillar.
November 14, 2016 by Tycho de Feijter
Guangzhou Auto has released a teaser of the new Enlight, an electric supercar concept that will debut on the Guangzhou Auto Show on Friday, and it sure looks speedy. The company has announced it will be four-wheel drive with a time-attack rear-wheel drive mode, and that it will have an autopilot mode.
No other specs available yet. The Enlight is a concept but don’t rule out the possibility of production. There are shiploads of Chinese electric supercars on the way: Beijing Auto will make a small series of the ArcFox-7, and then we have the NextEV, the Qiantu Motor K50, the Windboooster Titan, and the turbine-assisted TechRules A96.
The electric future looks sunny.
November 1, 2016 by Tycho de Feijter
A very tasty Ferrari 458 Italia Spider supercar, Spotted in China a very famous parking lot close to the Goldenport racetrack in Beijing. The good Ferrari has been dressed up to the max with a matte red body, a black roof, black air vents, and black five spoke alloys with yellow brakes. But best of all is the license plate reading N·458B0.
October 24, 2016 by Joey Wang
The ultra mad Aston Martin AM-RB 001 Concept was in China, visiting a supercar festival in Shanghai. The AM-RB 001 is a hybrid supercar that will be manufactured by a joint venture between Aston Martin and Red Bull. Deliveries of the production car are set to start in 2018 for about $3 million per unit.
October 24, 2016 by Tycho de Feijter
The spectacular NextEV electric supercar has been spied on the famous Nürburgring in Germany. The photos show an un-camouflaged blue example followed by an Audi camera car and there was a helicopter in the air as well, indicating they were shooting a promotional video.
October 13, 2016 by Tycho de Feijter
This is the first photo of the upcoming Next EV electric supercar. It will be unveiled on November 21, not in China but in London, England. The yet nameless vehicle will have a massive output of 1360 horsepower. Zero to 100 will take 3 seconds, and maximum speed is claimed to be 300 kilometer per hour. Bad news: initially, Next EV will only make six cars.
September 22, 2016 by Tycho de Feijter
An ultra rare Bentley Continental Flying Spur Speed China, Spotted in China on a parking lot in east Beijing, looking very well in white. The Speed China was a special edition for the Chinese market, launched in 2010. It came with a lot of goodies and special.