FOCUS: What’s the impact of China’s 2019 EV subsidy policy?
Published: Tuesday, 02 April 2019
The threshold for electric vehicles (EVs) to receive subsidies in 2019 has been increased again while the value of subsidies has been cut sharply, which was expected by the majority of market participants who are now cautiously checking the resulting impact on the battery supply chain.
By Susan Zou
Subsidies for EVs with a driving range below 250km will be
phased out after a transitional period between March 26 and
June 25, according to the country’s new subsidy
policy for 2019 released by China’s Ministry of
Industry and Information Technology (MIIT) on Tuesday March