Subsidies not reason for Chinese EVs competitive advantage: minister
PARIS, April 8 (Xinhua) -- Wang Wentao, Minister of Commerce of China, said here Sunday that Chinese electric vehicle (EV) manufacturers' rapid development is a result of constant tech innovations, well-established supply chain system and market competition, not subsidies.
The accusations of "overcapacity" by the United States and Europe are groundless, he said.
(Editor:Liao Yifan)