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
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
