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China’s new ‘cap and trade’ EV policy: putting sustainability before stimulation

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Report summary

China’s EV market continues to gain momentum, and all previous supportive policies have proved effective. But the market is still dominated by low-end models that rely heavily on subsidies. With these subsidies being phased out by 2020, will the government continue to stimulate the market for high growth or slow down to prepare the industry for more sustainable development? The answer lies in the new dual-credit scheme. Find out more in our insight: China’s new ‘cap and trade’ EV policy: putting sustainability before stimulation.

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