News

China's Chery, BYD May Have to Repay Subsidies After Audit Finds Irregularities
SHANGHAI/BEIJING (Reuters) -China's Chery and BYD improperly claimed a combined $53 million in government subsidies for ...
Analysis-Soaring Electric Truck Sales Deal New Blow to Diesel Use in China
LANGFANG, China (Reuters) -Electric-powered heavy trucks are rapidly gaining market share in China, driven by subsidies and ...