What’s the impact of China’s 2019 EV subsidy policy?

By IM Staff
Published: Wednesday, 01 May 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.

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 26. 
The value of the...

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