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The White House on Monday proposed eliminating a tax credit (worth up to $7,500 per vehicle) for new electric vehicles. The White House said this would save the US government $2.5 Billion over 10 yea...

It has been noticed that EVs subsidies of 2019 will drop 50% from China Government side, and the local will cancel all subsidies. A recent promotional message from BAIC New Energy shows that national subsidies for EVs will be cut by 50 percent in 2019, while local subsidies will be completely eliminated.