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<p>Welcome to a new episode of "China EV Weekly," your source for the most significant developments in the Chinese EV market. This week, we dive into eight major stories from August twenty-fourth to thirtieth.</p><ul> <li><strong>Policy Shift</strong>: We analyze the new restrictions on EV license plates in major cities like Shanghai and Hangzhou. How will this change affect sales and push the market from a subsidy-driven model to a more mature, market-driven one?</li> <li><strong>Tech and Capital</strong>: We explore the massive joint venture between Huawei and Chery, a ten-billion-yuan investment that aims to redefine the smart car ecosystem.</li> <li><strong>Market Milestone</strong>: A new report confirms a major tipping point: New energy vehicles now account for over fifty percent of all new car sales in China.</li> <li><strong>Global Expansion</strong>: We cover BYD's strategic move into the European commercial vehicle market, introducing its Tang EV bus and T three light tru...