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China NEV Sales Fall 18.6% in January as Subsidy Cuts for Electric Vehicles Take Effect in 2022

China NEV Sales Fall 18.6% in January as Subsidy Cuts for Electric Vehicles Take Effect in 2022

China NEV sales dropped as per data of the China Association of Automobile Manufacturers that showed sales down by 18.6 percent month-on-month in January, a direct result of the country slashing subsidies for NEVs by 30 percent in 2022. more

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