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China Firm On Cutting Green Car Subsidies By 2021

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China’s finance minister said Saturday that the government will end green car subsidies by 2021 and let its market dictate whether EVs or plug-in hybrid can sell on their own in the country, Reuters reported. Lou Jiwei told reporters that the government would cut subsidies by 20 percent over the next two years, by 40 percent […]

The post China Firm On Cutting Green Car Subsidies By 2021 appeared first on The Truth About Cars.


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