China has spent at least $230 billion to build its EV industry, new study finds
Workers assemble a Wuling Hongguang Mini EV, an all-electric microcar manufactured by SAIC-GM-Wuling, at a plant of the joint automaker in Qingdao in east Chinas Shandong province Tuesday, Nov. 30, 2021.
Future Publishing | Future Publishing | Getty Images
BEIJING — China spent $230.8 billion over more than a decade to develop its electric car industry, according to contributed to this report.
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