China Reduces Electric Car Subsidies, Increases Vehicle Tech Requirements

By Gasgoo Subsidies down, tech requirements up.
Chinese authorities on March 26 unveiled a tougher new energy vehicle (NEV) subsidy policy to boost a high-quality development of NEV industry.
The newest policy will steadily lift the energy density threshold for the NEV power battery system, moderately raise the energy consumption threshold for new energy …read more

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