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China Pauses Old-for-New Vehicle Subsidy: Concerns Over Policy Fraud and Financial Strain
The scrappage incentive program, which offers subsidies for switching to electric vehicles or fuel-efficient models, is a significant economic stimulus policy in China. However, it has recently been suspended in several localities due to instances of abuse and fraud.
Toyota ‘Knocks on’ Nissan’s Door, Suggesting a Collaboration
"The Japanese media reports that Toyota has approached Nissan regarding a potential collaboration, following the breakdown of Nissan's merger negotiations with Honda. This development sparks intrigue and raises questions about the future landscape of the automotive industry in Japan and beyond."
The Ultimate Guide to Choosing Your Next Car: Electric, Hybrid, or Gas?
In the midst of a dynamic shift in automotive technology and policies, consumers in Vietnam are presented with a plethora of choices: traditional gasoline cars, hybrid electric vehicles, or the all-electric option.
