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China Extends EV Credits To 2027


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https://www.bloomberg.com/news/articles/2023-06-21/china-extends-tax-breaks-for-new-energy-vehicles-until-2027#xj4y7vzkg

 

China, the world's largest EV market (in total not per capita) has extended the tax credits for EVs to 2027 that originally were meant to expire this year

 

Electric car sales have been slumping and stalling in China as of late despite having kicked off well over the last few years tho that could reflect a softening economy more so than consumer interest of habits

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