How will subsidy decline impact the new energy car industry in China?


CGTN
Published on Aug 11, 2019

In recent years, subsidies from the Chinese government for new energy cars have begun to fall. For competitive vehicle types, the change brought opportunities to grow. Those that are less competitive will likely exit the market. Enterprises said they hope to be able to compete fairly. Follow CGTN’s Zhou Yiqiu to learn more about the story.

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