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26 Nov
07:28

Chinese Ministry of Finance launches NEV subsidies

The Chinese Ministry of Finance has released arrangements regarding the 2022 energy saving and emission reduction subsidy budget, of which the total amount is about CNY 38.5 billion ($6.02 billion), with an aim to promote new energy vehicles (NEVs) meeting its requirements, Kallanish reports. Beijing, Tianjin, Hebei, Shanxi, Liaoning, Jilin and other 25 regions are included in the arrangements. The management departments of industry and information technology and…
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