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Market Analysis
China to Cut New Energy Vehicle Subsidies by 10% This Year
China will cut subsidies on new energy vehicles (NEV) such as electric cars by 10% this year, the finance ministry said on Thursday, following a decision last m…
China-Built Tesla Cars Secure New Energy Vehicle Subsidies
Tesla Inc (TSLA.O) said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker’s push in…