Dossier
electric-vehicle industry
Coverage of electric-vehicle industry in the Nexus archive.
- China’s EV industry rose with the aid of tax breaks. What happens when they end?
China is ending tax exemptions that fueled the rise of its electric-vehicle (EV) and solar industries, which could increase production costs and pressure manufacturers as Beijing aims to curb overcapacity and price wars. The tax could add about 1,000 yuan (US$147) to the cost of producing an EV.
- Hungary Crackdown on $20 Billion EV Sector Puts China on Notice
Hungary's $20 billion electric-vehicle industry is facing a crackdown under new leadership, targeting environmental violations and considering tax increases. The sector previously benefited from protection under former premier Viktor Orban.