Yaxing Bus：Four Million RMB for R&D New Energy Buses

www.chinabuses.org: As announced by Yaxing Bus, their shareholder Jiangsu Yaxing Automobile Group signed contract with Yaxing Bus that they will get four million RMB subsidy for research and develop new energy buses in the flourishing new energy vehicle markets.

　　
Recently new energy buses are highly pursued. Main listed new energy bus makers include Foton Motor, King Long Auto, Yutong Bus, Zhongtong Bus, Ankai Bus and Shuguang Shares etc. And the competition is becoming fiercer. A few days ago, Jiangsi Anyuan and Jiangte electrical machine and two other companies have signed contract to build new energy bus plant.

 

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