China's electric car sales slump, squeezing automakers - Manila Bulletin

China's electric car sales slump, squeezing automakers - Manila Bulletin

BEIJING — Looking for a new car, Yang Zhibo considered an electric but balked at prices that are thousands of dollars higher after Beijing wound down multibillion-dollar subsidies that made China the biggest market for the technology.

By the Associated Press  BEIJING Looking for a new car, Yang Zhibo considered an electric but balked at prices that are thousands of dollars higher after Beijing wound down multibillion-dollar subsidies that made China the biggest market for the technology. … [+5799 chars]

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