Staggering scale of Chinese government EV subsidies revealed
CarExpert
JUNE 27, 2024
Though these subsidies are based on conservative estimates, they cover factors such as buyer rebates, sales tax exemptions, infrastructure subsidies, research and development grants, and government procurement. Mr Kennedy’s analysis shows Chinese battery giant CATL, which last year supplied 36.8 million (A$1.22 million (A$115.8
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