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Subsidies

Japan to Collaborate with EU and US to Set EV and Semiconductor Subsidy Standards

In response to China’s booming EV industry and growing influence in the global market, reports emerged on the 24th indicating that Japan is preparing...

Protecting the EV Industry: France’s Latest Incentives May Exclude Chinese Electric Car

On September 20, 2023, France unveiled new incentives for purchasing electric vehicles, offering cash subsidies ranging from €5,000 to €7,000 for qualifying models. The...

EU formally initiates anti-subsidy probe into EVs from China; China voices opposition

The investigation will be concluded within 13 months, and any provisional anti-subsidy duties can be levied within nine months after initiation if legally warranted. The...

The climate bill could short-circuit EV tax credits, making qualifying for them nearly impossible

James Morton Turner, Wellesley College The U.S. Senate passed a far-reaching climate, energy and health care bill on Aug. 7, 2022, that invests an unprecedented...

Electric vehicle buyers want rebates, not tax credits

New study finds the current tax credit scheme for encouraging electric vehicle purchases is less valuable to car buyers and less equitable George Washington University Financial...

China mulls extending EV subsidies due to expire at year-end, report says

China is in talks with automakers to extend EV subsidies that were set to expire in 2022, aiming to maintain growth in a key...

China’s latest subsidy policy a boon for NEV industry because of removal of cap on vehicle units, CPCA says

While China's subsidies for new energy vehicles (NEVs) are being reduced by 30 percent this year from the 2021 level, another adjustment is seen...

Ministry of Industry and Information Technology: Tesla Received $329 Million in Subsidies in China Last Year

Tesla received state subsidies for 101,082 vehicles sold in the country in 2020, for a combined total of 2.12 billion yuan ($329 million), according...

Electric vehicles as an example of a market failure

Jovana Stanisljevic, Grenoble École de Management (GEM) Electric vehicle revolution is well under way. Norway ambitiously heads toward having all new cars sold as zero-emission...

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