News Feed

Tuesday, 17 September 2013

China Unveils New Subsidies for Fuel-Efficient Vehicles

SHANGHAI—China rolled out a new incentive program for environmentally friendly cars and buses to help battle increasing levels of pollution.


Buyers of electric cars can receive up to 60,000 yuan ($9,800) in subsidies, while buyers of certain gasoline-electric hybrids can get as much as 35,000 yuan, the Finance Ministry said Tuesday. The subsidies, which take effect immediately, will drop 10% next year and another 20% in 2015.


Read Full Article HERE






admin via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/y1DrJ4vSrpc/

No comments:

Post a Comment