China to cut new energy vehicle subsidies by 30% in 2022

Image Credit: REUTERS/Aly SongChina will cut subsidies for New Energy Vehicles (NEVs) such as electric cars by 30% in 2022 and withdraw them all by the end of the year, the Treasury Department said on its website. The subsidies for NEVs would be r… Click below to read the full story from TechCrunch
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