Report: Shanghai Will Subsidize EV Purchases With 10,000 Yuan Per Unit For Rest Of 2022

CleanTechnica
By Johnna CriderJun 21, 2022, 1:15 am182 pts
Shanghai will subsidize battery electric vehicle purchases within its borders with 10,000 yuan (~$1,500) per unit for the rest of 2022, Zero Hedge reports, citing Bloomberg as a source. The subsidy started in June and ends at the end of the year, according to the local government. Bloomberg wrote in a wrap-up…

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