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A new forecast by U.S. consulting firm AlixPartners projects 49 new plug-in electrified vehicle models will come to the Chinese market in the next three years. This will be nearly half of 103 new PEV models to eventually reach the market, according to the study. China wants to have nearly two-thirds of global production capacity […]

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Manufacturers of plug-in electrified vehicles in China will be having their subsidies reduced starting next year and requirements tightened, as the government cracks down on misreporting by makers. The Ministry of Finance posted documents on its website yesterday outlining caps on subsidies and increased technical specifications required to receive funding on plug-in electrified vehicles (PEVs), […]

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