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Automakers

China set to extend EV tax incentives as sales growth slows

China electric car sales
Electric cars charging in China. Sales of EVs and plug-in hybrids are up 36 percent this year, a much slower pace than the same time last year. (Qilai Shen/Bloomberg)
B
By:
Bloomberg
June 02, 2023 04:15 PM

China is poised to extend incentives for EV purchases as part of broader efforts to shake off a sluggish post-pandemic period.

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