Tag: ELECTRIC

China’s Tesla wannabes risk running out of road in virus-stricken times

HONG KONG/BEIJING(Reuters) – Challenged by the arrival of Tesla in China last year, domestic electric vehicle (EV) start-ups were struggling even before the economic shock...

China to cut new energy vehicle subsidies by 10% this year

BEIJING (Reuters) – China will cut subsidies on new energy vehicles (NEV) such as electric cars by 10% this year, the finance ministry said on...