Chinese subsidy policy has shown strategic and singular focus on advancing export-ready NEVs.
I expect China to announce massive new subsidies within the year. Subsidy to include more breadth, not less.
I strongly suspect China will follow Japan's bottom-up rise to global relevance. Logical they support that specific target as fastest and most certain means of success as well as permanence.
Power Shift: 48V Takes Hold., page-60
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