09 Jul '18, 3pm

China Rethinking EV Incentives To Promote New Technology Solutions

China Rethinking EV Incentives To Promote New Technology Solutions

Every government knows if you want people to do something, give them free money. Norway leads the world in the percentage of electric cars sold because it offers its citizens the highest EV incentives. China is not far behind. Last year it doled out over a billion dollars in EV incentives to encourage its citizens to buy electric cars. Local authorities also offer additional incentives. But its leaders are rethinking their priorities. They plan to tweak the rules to encourage more long range electric cars and fewer short range vehicles, sources tell

Full article: https://cleantechnica.com/2018/07/09/china-rethinking-ev-...

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