An electric car from Chinese carmaker Qiantu. Beijing has toughened subsidy rules for electric cars. Photo: Xinhua

China cuts electric car subsidies by up to 60 per cent as it looks to improve technological standards to global levels

  • Subsidy cuts range from 47 per cent to 60 per cent depending on the driving range
  • New measures call for a steady increase in the energy density threshold for NEV power battery systems and energy consumption requirement while raising the mileage threshold
Topic |   Electric cars

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An electric car from Chinese carmaker Qiantu. Beijing has toughened subsidy rules for electric cars. Photo: Xinhua
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