User:Xj416/Electric vehicle industry in China
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Electric vehicle industry in China
[edit]China has promoted the development of the electric vehicle (EV) industry through a series of encouraging policy measures to reduce petroleum fuel consumption and greenhouse gas emissions. Still, the market for electric cars is small. Against this backdrop, the Chinese government began phasing out EV subsidies in 2018 with the goal of completely eliminating them by 2022, which is undoubtedly a huge challenge for the EV market.