Think Tank Says China Invested At Least $230B To Establish EV Industry
Think Tank Says China Invested At Least $230B To Establish EV Industry . (MENAFN - Investor Brand Network) 

Research from a Washington-based think tank has revealed that Chinainvested at least $230 billion into its electric-vehicle industry to–flood the market– with ...
América - MenaFN
(MENAFN- Investor Brand Network) Research from a Washington-based think tank has revealed that China

invested at least $230 billion

into its electric-vehicle to“flood the market” with more affordable Chinese-made battery electric (BEV). The analysis is in line with the European Commission's sentiment on the effect of Beijing's subsidies on the global BEV industry. Furthermore, the Center for Strategic and International Studies (CSIS) notes that this figure is a“highly conservative estimate” of the funds China has pumped into its EV sector.

The east Asian nation's in electric cars dwarfs anything any other country has spent on new energy vehicles over the past decade. As a result, China is home to...

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https://menafn.com/1108864816/Think-Tank-Says-China-Invested-At-Least-230B-To-Establish-EV-Industry
2024-11-08
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(MENAFN - Investor Brand Network) 

Research from a Washington-based think tank has revealed that Chinainvested at least $230 billion into its electric-vehicle industry to–flood the market– with ...
Think Tank Says China Invested At Least $230B To Establish EV Industry