China Revives Subsidies to Supercharge Hybrid and Electric Vehicle Sales

In a decisive economic move aimed at revitalizing the automotive market, China has announced the renewal of its subsidy program for hybrid and electric vehicles (EVs). This initiative comes as part of a broader strategy to accelerate the country’s shift towards environmentally friendly transportation solutions, amidst increasing competition from international automakers and a recovering domestic market.

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Ram Shifts Gear: Extended Range Trucks Take Priority Over All-Electric Models

In a strategic pivot that reflects changing market dynamics and consumer preferences, Ram truck executives announced that the brand will prioritize the development of extended-range pickup trucks over traditional all-electric models. This decision is driven by a desire to cater to a broader audience while gradually transitioning towards electrification without alienating existing customers.

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