China says it will ‘rein in’ the flood of EVs coming our way
Baua Electric
JANUARY 22, 2024
But it has come under harsh scrutiny from Europe in particular, due to subsidy policies that put Europe at a competitive disadvantage, all while being thrust into a trade war with North America and Europe. But now China has said it will “rein in” some of its huge EV expansive in response to criticism of “unfair” industrial and trade policies.
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