China Promises Subsidies To Boost Falling Electric Car Sales
China is promising more subsidies to shore up plunging electric car sales amid the coronavirus pandemic but set limits that exclude Tesla’s made-in-China model. Subsidies and tax breaks that were due to end this year will be extended by two…
Lower Oil Prices To Decimate Electric Vehicles Sales
According to a study by Wood Mackenzie, the coronavirus outbreak, potential delays to fleet purchasing due to lower oil price and a wait-and-see approach to buying new models have all contributed to a decrease in the projected sales of EV….
