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Sales of electric vehicles in China.....>

CHINA PRESS
CHINA PRESS: Sales of electric vehicles in China declined 4% y/y in 2019 in the
first negative growth in ten years, the 21st Century Business Herald reports.
The Herald's report says the fall was largely due to the sharp decline in
subsidies given to EV manufacturers in mid-2019, adding that the subsidies are
planned to end this year. Wan Gang, Vice Chairman of the Chinese People's
Political Consultative Conference, was quoted as advising against any
intermediate subsidies in 2020 so market expectations could remain stable. 

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