How China is incentivising production of electric vehicles

17 Sep 2023 | Abstracted from The National News

"The number of Chinese-made electric cars going to Europe has soared...prompting the EU to [investigate]...whether those vehicles are being unfairly subsidised...how does China subsidise its electric car sector and to what extent?

"...incomplete accounting shows the benefits can be extensive, ranging from preferential treatment such as cheap land or capital to policies that outright exclude foreign competitors."

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