Tags: China EV Subsidies

China EV Subsidies Face Major Decline in 2019: CRU

China introduced its new subsidy policy for electric vehicle sales this year. While many in the market were expecting a drop year-on-year of around 40%, the announced scheme is lower than expected, with EV subsidies declining by 50-55% in 2019 on average said CRU in a report. In this Insight CRU explored the subsidies in […]

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