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NEV companies received USD 5 billion in subsidies from the Chinese government between 2016 and 2020

The subsidies program was meant to end in 2020, but has been extended to 2022.

2 mins read
  • The automaker is diversifying its suppliers of key components while the sector faces a shortage of EV power cells.

    News

    Xpeng Motors taps Korea’s SK Innovation as battery supplier, report says

    2 mins read

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