A downer from Tech in Asia via a report from China News. The chinese government is giving out as much as $17K in Electric vehicle subsidies this year but it won’t subsidize vehicles made outside of the country including Teslas.
The move is a small blow the the American automaker who just announced sales in the world’s most populated country.
It isn’t certain how big a deterrent the subsidy would be to Tesla purchases since the cars are well over $100K after taxes in China and potential buyers might be able to shrug off the lack of any subsidy.
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