Electric cars in Ukraine, despite the growth in sales, are still far from becoming a mass segment. Drivers are still assessing their capabilities and infrastructure. While the government promises all sorts of incentives for both buyers and manufacturers. And while our market is just swinging, in China, an undoubted leader in the matter of electrifying the fleet, they are already starting to tighten the "nuts". So according to the Nikkei Asian Review, the Chinese government has cut incentives for electric vehicle manufacturers by 30%. This is due to the growing number of fraudulent schemes for mastering public funds. The new rules came into force on Monday. Now the manufacturers of electric vehicles and hybrids will receive 24,000 yuan ($ 3,780) for a car with a range of 200 to 250 km. This is 30% lower than the previous subsidy of 36,000 yuan. The minimum range of the electric vehicle, which entitles to a subsidy, has also been increased from 100 km to 150 km.

Many companies abused the program and received subsidies illegally, by manipulating indicators. Such cases have spread in 2016-2017. At the same time, sales of electric vehicles in this period grew strongly. The new rules will be in effect until June 11, after which the government can again review the size of subsidies, depending on the pace of sales of electric vehicles. The provincial authorities are also likely to reduce local subsidies.

Original article: The government in China cut the privileges on electric cars by one third.