Green Vehicles Get Subsidy from Government

News from the Chinese government says that China has launched a green plan to subsidize energy-efficient and new-energy vehicles in the public transport sector in 13 cities, such as Beijing, Shanghai, Tianjin, Wuhan, Zhuzhou, etc. The subsidies would mainly flow to 10-meter-long or above buses.

 

The government also releases that mixed-power buses buyer can get 420,000 Yuan (61,435 U.S. dollars) for subsidy and electric and fuel-cell vehicles would get 600,000 Yuan. Public transport, taxi industry, postal and urban sanitary services are crucial sectors to promote the green vehicles.

 

Automakers of Chana, Chery, Dongfeng, FAW, Foton, etc already have related products in the market.

 

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