China Expected To Slash EV Subsidies By 30% Next Year

By Wade Malone The Chinese government reportedly plans to end subsidies in 2020.
By 2025, China’s new energy vehicles initiative aims to have NEVs make up 20% of all new vehicles sold in the country. The Chinese government initially began a pilot electric vehicle subsidy in 2010. Since then, available subsidies have expanded significantly. …read more

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