{"id":133437,"date":"2022-01-01T08:22:17","date_gmt":"2022-01-01T16:22:17","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/01\/china-to-cut-new-energy-vehicle-subsidies"},"modified":"2022-01-01T08:22:17","modified_gmt":"2022-01-01T16:22:17","slug":"china-to-cut-new-energy-vehicle-subsidies","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/01\/china-to-cut-new-energy-vehicle-subsidies","title":{"rendered":"China to cut new energy vehicle subsidies"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/china-to-cut-new-energy-vehicle-subsidies2.jpg\"><\/a><\/p>\n<p>China has cheap labour and huge market so still EV companies will invest in China.<\/p>\n<hr>\n<p>BEIJING, Jan 1 (Reuters) \u2014 China will cut subsidies on new energy vehicles (NEVs), such as electric cars, by 30% in 2022 and withdraw them altogether at the end of the year, the Finance Ministry said on its website on Friday.<\/p>\n<p>The ministry had said in April 2020 that NEV subsidies would be cut from 2020 to 2022 by 10%, 20% and 30%, respectively.<\/p>\n<p>For NEVs for public transport, subsidies would be cut by 10% in 2021 and by 20% in 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China has cheap labour and huge market so still EV companies will invest in China. BEIJING, Jan 1 (Reuters) \u2014 China will cut subsidies on new energy vehicles (NEVs), such as electric cars, by 30% in 2022 and withdraw them altogether at the end of the year, the Finance Ministry said on its website on [\u2026]<\/p>\n","protected":false},"author":662,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1497,45,17,1491],"tags":[],"class_list":["post-133437","post","type-post","status-publish","format-standard","hentry","category-energy","category-finance","category-sustainability","category-transportation"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/133437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/662"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=133437"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/133437\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=133437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=133437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=133437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}