Anders Hove 09.05.2017 China has huge ambitions for EVs but what can it learn from the US about getting subsidies right? Asks Anders Hove China's government hopes for EV sales to rise up to 40% this year despite deep cuts to consumer subsidies (Image by Remko Tanis ) Depending on who you listen to, China is either on the cusp of revolutionising world energy storage and electric vehicle (EV) markets, or in the throes of upheaval. Of course, the reality is a bit more nuanced. Some of the issues experienced by the electric vehicle sector in the last few months have resulted from an urgent need to reform the country’s vehicle subsidy programme. But going forward, China can learn a few things from other countries in the design of its programme that will boost the market while limiting the scope for cost overruns. China is already a global leader in EVs and battery manufacturing. In May 2014, President Xi Jinping declared that new energy vehicles would be a path