BEIJING -- China will extend a tax incentive for electric vehicle purchases beyond the December sunset date as the government tries to expand the market for EVs, an area where domestic manufacturers hold an advantage.
Electric cars in China
China extends EV tax break past year-end deadline
Domestic automakers benefit from longer support, which source says may last 1 year
State support has fueled sales of electric cars in the world's largest EV market. (Photo by Shunsuke Tabeta)
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