This is a China news story, published by CNBC, that relates primarily to EV news.
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Chinese electric vehiclesCNBC
•87% Informative
China spent $230.8 billion over more than a decade to develop its electric car industry.
The scale of government support represents 18.8% of total electric car sales between 2009 and 2023 .
The ratio of such spending to EV sales has declined from more than 40% in years prior to 2017 , to just above 11% in 2023 , expert says.
The EU plans to impose tariffs on imports of Chinese electric cars over use of subsidies in their production.
VR Score
92
Informative language
93
Neutral language
77
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formal
Language
English
Language complexity
56
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Hate speech
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
External references
3
Source diversity
2
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