This is How the COVID-19 Pandemic Affect The Global EV Market
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MAY 25, 2021
Many municipal and federal governments, for example, have expanded consumer benefits for EV sales, mostly as part of stimulus efforts aimed at mitigating the pandemic’s economic effect. In China, depending on the car’s range, the purchase-price subsidy varies from 16,200 to 22,500 renminbi (approximately $2,350 to $3,265).
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