International automakers among 20 listed in NEV fraud scandal in China
Foreign automakers involved in committing violations include Nissan and Hyundai
The Chinese authorities have now named around 20 automakers which have allegedly fraudulently claimed subsidies for new energy vehicles (NEVs). The China Securities Daily newspaper has reported that the 20 automakers allegedly involved in committing violations include Nissan Motor Company, Hyundai Motors, Geely Automobile, Anhui Jianghuai Automobile Company (JAC), and a subsidiary of BYD Auto, reports Reuters, quoting the publication.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
