Policymakers have been discussing the possibility of extending subsidies for electric cars after China’s first annual decline in sales of new energy vehicles. Photo: Reuters

China said to consider extending electric car subsidies after sales slump

  • Talks to extend the handouts predate the emergence of the coronavirus outbreak as a global threat
  • China introduced EV subsidies a decade ago and these played a key role in turning the country into the top market globally
Topic |   Electric cars
Policymakers have been discussing the possibility of extending subsidies for electric cars after China’s first annual decline in sales of new energy vehicles. Photo: Reuters
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