– China will end subsidies for electric and hybrid cars at the end of 2022. – The strength of sales in the sector means that state support is no longer needed. – Electric vehicles are set to represent 18% of all vehicle sales in 2022. China will end subsidies for electric and hybrid cars at the end of the year, authorities have announced, saying the strength of sales in the sector meant state support was no longer needed. In a statement published Friday, the Ministry of Finance said purchase subsidies would be reduced by 30% from the beginning of 2022…