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China to halt subsidies for EVs, PHEVs

An employee of the Jinan vehicle administration department installs a plate on an electric car in Jinan, Shandong province, Dec 1, 2016. (Photo for China Daily)
Source: ECNS.cn

China will inform its local governments to stop offering subsidies for electric vehicles and plug-in hybrids, people said to be familiar with the matter have told Bloomberg. The move is intended to decrease government spending. Specifically, China’s Ministry of Finance is developing a plan to require local government to phase …

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