China Weighs Extending Electric Vehicle Subsidies

The video discusses the role of subsidies in China's EV market, highlighting their importance in making China the top EV market globally. It covers the government's plan to phase out these subsidies and the negative impact this had on EV sales in 2019. The video also addresses the severe impact of the coronavirus on the EV industry, with a significant drop in sales due to production halts and lockdowns in major cities.

What challenges is the electric vehicle industry currently facing?

How did the government's decision to cut subsidies affect electric vehicle sales in 2019?

What impact did the coronavirus have on new energy vehicle sales in January?

What was the percentage drop in new energy vehicle sales reported in January?

In what way have lockdowns from the virus affected electric vehicle sales in big cities?