Tesla delivered close to one million vehicles in 2021

Tesla delivered close to one million vehicles in 2021

Photo by James Bareham / The VergeTesla Inc reported quarterly record shipments on Sunday  that far exceeded Wall Street estimates and exceeded a global chip shortage as China’s production spiked.It was the sixth straight quarter that the world’s most...
China to cut new energy vehicle subsidies by 30% in 2022

China to cut new energy vehicle subsidies by 30% in 2022

Image Credit: REUTERS/Aly SongChina will cut subsidies for New Energy Vehicles (NEVs) such as electric cars by 30% in 2022 and withdraw them all by the end of the year, the Treasury Department said on its website. The subsidies for NEVs would be reduced by 10%, 20%...