“Automakers have been able to manufacture new energy vehicles at no cost; some have even made money off their production. With such extreme government subsidies, ‘subsidy fraud’ has become a road to riches that even a fool could think of.”
By
NewsChina
Updated Dec.1
“Automakers have been able to manufacture new energy vehicles at no cost; some have even made money off their production. With such extreme government subsidies, ‘subsidy fraud’ has become a road to riches that even a fool could think of.”
Xu Bing, a columnist for China Youth Daily, on the rampant fraud in China’s new energy vehicle industry.
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