Subsidies not reason for Chinese EVs competitive advantage: minister

A SEAL model electric sedan of BYD India launched in New Delhi. [Photo provided to chinadaily.com.cn] PARIS – Wang Wentao, minister of Commerce of China, said here Sunday that Chinese electric vehicle (EV) manufacturers’ rapid development is a result of constant tech innovations, well-established supply chain system and market competition, not subsidies. The accusations of … Continue reading Subsidies not reason for Chinese EVs competitive advantage: minister