Automakers

China set to extend EV tax incentives as sales growth slows

China electric car sales
Electric cars charging in China. Sales of EVs and plug-in hybrids are up 36 percent this year, a much slower pace than the same time last year. (Qilai Shen/Bloomberg)
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By:
Bloomberg
June 02, 2023 04:15 PM

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The cuts amount to roughly 5% of the automaker’s connected-vehicle software team, which is under the purview of Doug Field, Ford’s chief EV, digital and design officer.

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