Logo 09 Apr 2020

Government steps in to support EV producers

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

The government will give more support to China’s struggling electric vehicle (EV) industry.
Some context (Economic Daily):

Over the first two months of the year, EV production dropped 63.8% y/y while sales dropped 59.5% y/y.

Vice Minister of Industry and Information Technology Xin Guobin ...