With tougher rules, China wants fewer, but better, electric car makers

GUANGZHOU, China (Reuters) - After paying out billions of dollars in subsidies to promote greener cars - and creating a gold-rush among unknown start-ups - China is tightening its grip on the world's biggest electric vehicle (EV) market to weed out weaker domestic firms.

from Reuters: Technology News http://ift.tt/2g3ZEZj