SOLO - Beijing Promises to Support EV Makers in Conquering Overseas Markets

The Chinese government has promised to support the expansion of domestic carmakers into international markets amid a flurry of trade sanctions against electric vehicles from China. The country’s Ministry of Commerce recently posted a document outlining 18 guidelines for China’s central bank and several departments to boost new energy vehicle trade (NEV).

China’s commerce ministry will partner with nine local departments and institutions to undertake activities such as...

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