An employee cleans the windshield of a Beijing Lingyun Zhineng Technology Co concept electric two-wheel vehicle at the Beijing International Automotive Exhibition in Beijing in April. Photo: Bloomberg

Crackdown on electric-vehicle subsidy cheats expected to favour industry leaders

As many as 250,000 EVs were sold in China last year – but the driving force behind that success was the massive 33.4b yuan in direct cash subsidies offered

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An employee cleans the windshield of a Beijing Lingyun Zhineng Technology Co concept electric two-wheel vehicle at the Beijing International Automotive Exhibition in Beijing in April. Photo: Bloomberg
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