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Chinese electric vehicle startups see big drop in car sales as government subsidy expires

Chinese electric vehicle companies reported a sharp slowdown in sales growth in January, as government  no longer provides subsidies to buyers of electric vehicles (EVs).Li Auto delivered 15,141 vehicles in January, making it the top by EV sales among domestic EV startups in January.Li Auto has launched two new models in the last few months — the L9 which began deliveries in August 2022, the L8 began deliveries in November 2022, both of which are extended-range family SUVs that target at ...
China Passenger Car Association Leapmotor Technologies Ltd Hozon New Energy Automobile Aions Plus Xpeng Motors Technologies Ltd

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