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MIIT Minister: No More Cuts to NEV Subsidies from Jul
At China EV 100 Forum 2020, Miao Wei, Minister of Industry and Information Technology (MIIT), stated that there will be no more trims to new energy vehicle (NEV) subsidies from 1 J...
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MIIT Minister: No More Cuts to NEV Subsidies from Jul
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2020/01/13 08:06
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At China EV 100 Forum 2020, Miao Wei, Minister of Industry and Information Technology (MIIT), stated that there will be no more trims to new energy vehicle (NEV) subsidies from 1 July, hinting at a latent delay to the removal of all NEV subsidy policies scheduled after 2020.

The financial subsidy policies to the purchase of NEV effectively boosted the rapid development of NEV industry, added Wang Gang, Vice Chairman of the 11th National Committee of the CPPCC.
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