China is considering offering subsidies of up to RM60,000 ($8,788) to consumers who buy a hybrid or electrified vehicle. Industry Minister Li Yizhong says âgreenâ vehicles are expensive due to the considerable investment in technology that still is being developed. âWithout government support, it would be difficult for Chinese families to buy new-energy vehicles,â Li tells the China Daily. The newspaper reports industry analysts estimate green cars normally would sell at a 50% premium ...
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