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China's Automakers Roll Out Tax-Offset Subsidies as NEV Purchase Incentives Set to Narrow

China's Automakers Roll Out Tax-Offset Subsidies as NEV Purchase Incentives Set to Narrow

China has waived the 10% purchase tax on NEVs since 2014, a policy thathelped turn the country into th…...

Alibaba Builds Robot AI Team as SoftBank Acquires ABB's Robotics Unit for $5.4 Billion

Alibaba Builds Robot AI Team as SoftBank Acquires ABB's Robotics Unit for $5.4 Billion

Coincidentally, SoftBank Group Corp., one of Alibaba’s earliestinvestor and a major shareholder in mor…...