PGM News: 06/07/2018

ELECTRIC VEHICLES: China Weighs Further Cuts in Electric-Car Subsidies

China is considering a further reduction in electric-vehicle subsidies next year as the government pushes automakers to innovate rather than rely on fiscal policy to spur demand for alternative-energy cars, people familiar with the plan said.

Full story

Source: https://www.bloomberg.com

*The promotion of any news article on our website does not constitute an endorsement, nor does the content necessarily represent our view.