China to Subsidize Electric Car Buyers China has begun giving subsidies for the private purchase of plug-in hybrid and electric cars to automakers on a trial basis in five cities.
Residents of Shanghai, Shenzhen, Changchun, Hangzhou and Hefei would receive up to 50,000 Yuan ($7,320) in subsidies if they buy plug-in hybrid cars. The maximum subsidy for those who bought fully electric cars was 60,000 Yuan ($8,784),...
by admin at June 1st, 2010 at 07:06 am