Tags: China Subsidy for EVs

COVID 19 Effect: Tesla to suffer as China cuts electric vehicle subsidies says report

Following the news that China’s electric vehicle (EV) subsidies will now be limited to more affordable, locally built models, GlobalData analysts forecasts that notable EV maker Tesla will suffer largely which is currently working on scaling up its Shanghai production base. Mike Vousden, Automotive Analyst at GlobalData says:- “China is both the largest vehicle market […]

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