Overall sales of automobiles in China were 4.8 million units in the first quarter, a 3.4% decrease year over year, according to the ChinaAssociationofAutomobileManufacturers.
China will subsidize electric vehicles sold in 25 cities, expanding from the current five cities, and adopt a unified national subsidy standard, The 21st Century Business Herald reported on Wednesday citing ChinaAssociationofAutomobileManufacturers.