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Non-Tech : Kandi: An electric car vending machine from China
KNDI 0.858+3.8%Dec 24 12:59 PM EST
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From: David Alan Cook12/30/2014 8:45:54 AM
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NEWS
China extends EV subsidies
Dec 30 2014, 08:37 ET
  • China will extend subsidies on electric vehicles of up to 55K yuan ($8.8K) per vehicle until at least 2020, according to new draft rules published by the government.
  • The development is the latest indication that Beijing plans to back the EV industry in the region as part of a broadened pollution-control initiative.
  • Related news: Shenzhen (population ~10M) caps new car sales.
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