Chinese EV maker Chery denies improper subsidy claims

Chinese electric vehicle maker Chery has denied improper subsidy claims. According to reports, the automaker denied all allegations that it improperly claimed government subsidies for environmentally friendly vehicles. The denial comes after an audit carried out by the Ministry of Industry and Information Technology disqualified declarations by Chery and BYD for a combined $53 million […] source: https://www.cryptopolitan.com/chinese-ev-maker-chery-denies-improper-subsidy-claims/