Electric Car Subsidy. China's Ministry of Finance announced the changes in a statement on its. China wants to boost its adoption of electric vehicles.
Not all low-emission vehicles will get a grant. In a further boost to electric cars. Only vehicles that have been approved by the government are.
The foundation for automakers to create a sustainable electric-vehicle market exists.
Electric car sales in Western Europe are being kept alive by government subsidies and will quickly fall away again when tax-payer funding dries up.
Beijing has toughened subsidy rules for electric cars. The failings of electric cars are well rehearsed. An electric car from Chinese carmaker Qiantu.