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China to Subsidize Hybrid Car Users

02-18 12:09 Caijing

Full article in Chinese: http://www.caijing.com.cn/2009-02-17/110069866.html

» The Chinese government has issued a subsidy plan for hybrid car users.

» For passenger vehicles used for public transportation, the maximum subsidy for every hybrid coach will receive a 420,000 yuan subsidy, while purely electric vehicles and fuel-cell vehicles will receive 500,000 yuan and 600,000 yuan each.

» For light commercial vehicles, the maximum subsidy for a hybrid vehicle will be 50,000 yuan; for a purely electric vehicle, 60,000 yuan; and for a fuel-cell vehicle, 250,000 yuan.

 

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