Tesla China Demands Money Back From Corporate Customers After Cars Didn’t Make Enough Mileage


Source: carnewschina.com carnewschina.com

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Recently, Chinese media reported that Tesla China demands subsidies back from some corporate customers, which cars didn’t make it to reach 20,000 km in 2 years. It is caused by Chinese policy on Government Subsidies for the Promotion and Application of NEVs. Let’s sort it out together. Where Is The Crux Of The Problem? In 2010, China launched a pilot program to provide government subsidies to buyers of new energy vehicles. This program became very ambitious in two years. In 2012, the Chinese Government set a goal for EV sales volume (not NEVs) to exceed 5 million cars from 2012...