China unveils $72 billion tax break for EVs, other green cars to spur demand
1:20
ReutersQiaoyi Li,Liz Lee
China unveils $72 billion tax break for EVs, other green cars to spur demand
China unveiled on Wednesday a 520 billion yuan ($72.3 billion) package of tax breaks over four years for electric vehicles (EVs) and other green cars, its biggest yet for the industry as it seeks to boost slower auto sales growth.
Jun 21, 2023
Automotive industry in China China Car Brands
Price war initiated by Chinese brands disrupts local automotive industry [WATCH] | New Straits Times
Price war initiated by Chinese brands disrupts local automotive industry [WATCH] | New Straits Times
nst.com.my
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American Car Brands List (2026 Update) - All American Made
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Car sales have rewritten the global Automotive industry from 2002 to 2024, with Toyota reigning as the world’s best-selling car brand for much of this era. This period also saw the rapid adoption of EVs, with BYD and Tesla leading the charge, while legacy brands adapted to a new, electrified era. China’s BYD’s rise is historic, having leaped from 49th place in 2019 to third in 2024, and it now holds 4.5% of the global market. #automotive #automobile #cars #car #electricvehicles #vehicle #usa #st
3:07
Car sales have rewritten the global Automotive industry from 2002 to 2024, with Toyota reigning as the world’s best-selling car brand for much of this era. This period also saw the rapid adoption of EVs, with BYD and Tesla leading the charge, while legacy brands adapted to a new, electrified era. China’s BYD’s rise is historic, having leaped from 49th place in 2019 to third in 2024, and it now holds 4.5% of the global market. #automotive #automobile #cars #car #electricvehicles #vehicle #usa #st
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