Logo 24 Apr 2020

NEV subsidies less than meet the eye

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The first months of 2020 have been a veritable policy roller coaster for the new electric vehicles (NEV) industry.
To recap:

For years, the government had promised toeliminate NEV purchase subsidies by this year.
Butin March, the State Council said it would extend NEV purchase subsidies to 2022.

N...