Gasgoo (Shanghai, September 12)—Reportedly, there have been over 20 automakers involved in subsidizes defraud in China.
Except for five automakers disclosed by China’s government, even some major automakers including Geely, Yutong, JAC, BYD, Nissan and others, have been found involved in violating subsidizes program, according to China’s media.
Some certificated automakers, including Shaolin, Wanda, Wuzhoulong and others, have produced not any alternative energy vehicles. China’s government will no longer grant any subsidizes to all these five automakers and will confiscate subsidizes granted before.
Some automakers have produced vehicles but no battery as required. And the others, which have produced both vehicles and battery, haven’t provided accurate logo as required.
However, there have not any governmental confirmation on these list of involved automakers.
