By FDI Creative Services on 11/18/2016
Category: Security News

With tougher rules, China wants fewer, but better, electric car makers

GUANGZHOU, China (Reuters) - 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.

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