China to Reduce the Juice for Electric-Car Sales

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Nearly 500 electric-vehicle makers were operating in China last year. Now, as subsidies are being slashed, most are expected to vanish.

Under a Finance Ministry plan released this week, the maximum central-government subsidy for an electric car is being more than halved, cut to 27,500 yuan from 66,000 yuan starting in June.

Subsidies from local governments, which have been as much as 50% larger than the national ones, are being eliminated.Tesla is building a massive factory in Shanghai, the first wholly foreign-owned car plant in China. WSJ’s Trefor Moss explains why it’s doing so even as U.S.-China trade tensions heat up. Photo illustration: Crystal Tai

 

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this is y every one is going over to china to work more money there then in the USA because of greed to stay super rich

中国政府の補助金カットにより、遂に、大部分の中国電気自動車メーカーが撤退に追い込まれるらしい。 共産党独裁体制の綻びが至る所で表面化しているということだろう。

In my hometown, electric buses have been running for several years, and this phenomenon will become more common

China's electric vehicles have their own market, It will not disappear

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