2024 Guide to Purchasing New Energy Vehicles in China

Industry word-of-mouth and reviews

Google Review

Find word-of-mouth and reviews about potential traders. Find out about the experiences of other businesses or customers by searching online forums, social media and trade-related websites.

Registration qualifications

SUNHE HOLDINGS (HK) LIMITED

Ensure that traders have legal registration qualifications. In China, companies registered with the Ministry of Commerce or local industrial and commercial administrations are more likely to be legitimate and reliable.

Corporate credit

Corporate Credit

Check corporate credit records to learn about its business history and credit status. Inquiries can be made through the credit information disclosure system of relevant government departments or commercial credit reporting agencies.

Attend industry exhibitions

Attend industry exhibitions

Visit automotive industry exhibitions and trade shows to meet face-to-face with potential traders, learn about their products and services, and get more information about their businesses.

Exchange and communication

Exchange and communication

Take the initiative to contact potential traders and conduct full exchanges and communications. Learn about their expertise and experience in the export business by email, phone or in person.

Check warehouses and facilities

car warehouse

If possible, visit the potential trader’s warehouses and facilities in person. This helps verify its production capabilities, quality control systems and compliance with relevant standards.

Contract and Terms

Contract and Terms

Read the contract and terms carefully. Make sure the contract clearly spells out important details such as delivery times, payment terms, quality standards, and more. It is best to review the contract with a legal professional.

Customer References

Customers

Traders are asked to provide previous customers as references. Contact these customers and ask about their experiences and reviews of the trader.

Be careful with your payments

Payment

Be careful with your payments. Use secure payment methods and ensure all payments are confirmed by detailed contracts and agreements.

Understand international trade rules

global trade rules

Have a certain understanding of international trade rules, such as INCOTERMS (International Trade Terms), etc. This helps ensure that your work with traders is both legally and commercially compliant.