China EV makers worried by end of subsidies and chip crunch

Bumper sales year gives way to uncertain outlook for world's biggest market

20221230 china motor show 1

The 2022 Auto Guangzhou motor show opened on Dec. 30 in the southern Chinese city. (Photo by Yusuke Hinata)

CK TAN, Nikkei staff writer

GUANGZHOU, China -- Chinese electric vehicle makers expect to be under pressure after a bumper year with the withdrawal of friendly government subsidies and uncertainties driven by the shift to living with COVID-19.

The global shortage of semiconductors for EVs was another concern raised by industry players at the 2022 Auto Guangzhou motor show, which opened on Friday in the southern Chinese city.

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