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China tightens grip on its electric vehicle market

Authorities have cracked down on firms making substandard products and gaming subsidy schemes; there are new rules for firms applying for a licence to make all-electric cars
Monday, November 21, 2016 - 05:50

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An all-electric battery concept car called LeSEE during Auto China 2016 auto show; new safety rules for new-energy vehicles, such as battery testing, will make life tougher for weaker firms.

Guangzhou

AFTER paying out billions of dollars in subsidies to promote greener cars - and creating a gold-rush among unknown start-ups - China is tightening its grip on the world's biggest electric vehicle (EV) market to weed out weaker domestic firms.

But some leading local EV

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