China lets air out of its EV market with new restrictions on startups

Posted By Green Car Reports
Date Monday, 24 June 2019, at 8:00 a.m.
Kandi K22China has developed such a lead in EVs, the country is looking to dial it back, according to a recent Bloomberg report. The country has become famous as the largest market in the world for electric cars, which account for about 3 percent of the 28 million cars sold there a year, triple the percentage of almost double the sales in the U.S. The...

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