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Beijing city becomes first local government to remove subsidies for electric vehicles

The city of Beijing has cut off the city's subsidies for some electric vehicles, becoming the first local government to make the move, as part of a national push to scale back government handouts for new-energy carmakers.

Makers of pure electric-battery vehicles will no longer receive subsidies from the municipal government but will still be eligible for central government subsidies, the local government said in a statement . . .

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