5 July 2024
The European Commission said subsidies given to Chinese automakers include cheap loans, inexpensive land and direct incentives for selling EVs. They also received help with the cost of batteries, the single most expensive part of an EV.
The European Commission said subsidies given to Chinese automakers include cheap loans, inexpensive land and direct incentives for selling EVs. They also received help with the cost of batteries, the single most expensive part of an EV.
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