China cuts EV subsidies by 30%, set to end them by the end of 2022
According to the Chinese Finance Ministry, China will cut subsidies on all new energy vehicles (NEVs) by 30% in 2022.
In addition, the country will end all subsidies for new NEVs by the end of 2022.
The move to cut the subsidy...
Elon Musk says Biden's EV bill should be canned, US should 'get rid of all' government subsidies
Tesla CEO Elon Musk said the Biden administration's $2 trillion spending bill that includes a number of electric vehicle (EV) related incentives should be shelved.
In addition, Musk believes the US...