China's EV strategy led to 'low-quality vehicles'
China's electric vehicle (EV) market has been distorted by generous government subsidies that have enabled local manufacturers to churn out thousands of low-quality EVs, while little or no investment was made in the charging infrastructure, according to according to Asian affairs commentator Tom Holland. To redress the balance, Beijing is reducing subsidies from CNY55,000 ($8,322) to CNY44,000, while next year will see the introduction of stricter manufacturing quotas, offering credits to companies who exceed their quotas. However, critics argue local manufacturers will simply sell their credits to fossil fuel-based carmakers.

China’s electric vehicle industry seems to be well on the road to global dominance. Dig a little deeper and the figures are less impressive than they first appear