Tag: subsidies

China renews car trade-in subsidies, analysts see more benefit for lower-priced NEV makers

China is set to continue offering car trade-in subsidies in 2025, providing a much-needed boost to the auto…

MG ES5 electric SUV enters China for 13,950 USD with subsidies

SAIC-owned MG has officially launched sales of the highly anticipated MG ES5 electric crossover in China. The starting…