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China Is Said to Plan Extending Electric Vehicle Tax Rebate

Bloomberg News
4 December 2017, 5:10 pm AWST Updated on 5 December 2017, 10:27 am AWST

https://www.bloomberg.com/news/arti...to-plan-extending-electric-vehicle-tax-rebate

China is winning 'desperate' global race to control lithium for electric vehicles

• China is the leading market player for electric and hybrid cars, accounting for half of global sales
• "Given the government's power in China to direct the economy, if they want to become the world leaders in electric vehicles, they can likely achieve it," says one expert
• The global push to roll out electric cars has been amplified by concerns over air pollution

Sam Meredith | @smeredith19
Published 14 Hours Ago Updated 3 Hours Ago

China wants 'to control electric vehicle supply chain'

Governments and car manufacturers worldwide have taken steps to electrify fleets and further phase out the combustion engine. The lithium-ion batteries are able to produce more electricity per unit than conventional batteries.

https://www.cnbc.com/2017/12/04/chi...d-global-race-to-secure-lithium-supplies.html