Ankai Pockets an Order of 460 units of New Energy Buses

www.chinabuses.org: On December 19, Ankai releases that it has signed an contract with Hefei Public Transport Company of 460 units of new energy city buses which value at 155,170,000 RMB (excluding batteries, battery management system and subsidies).

According to the contract, the buses will be delivered in batches by December 20. Once the contract is signed, each bus gains governmental subsidy of 500,000 RMB. 30% of the contract price will be payed as down payment and the other 70% will be payed in equal installments within 8 years after one-year operation.

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