China renews EV subsidy programme
The scheme, which will run to the end of 2016, will offer buyers of fully electric, plug-in hybrid and hydrogen fuel cell vehicles a subsidy of up to 60,000 yuan (€7259). However the scheme will not now apply to conventional hybrids.
Last year the government said it wants to put 5 million hybrids and EVs on the road by 2020.
According to reports, there were 27,800 plug-in vehicles on the road in China at the end of last year.
China renews EV subsidy programme
China has announced that it is to renew its subsidy programme for electric vehicles nine months after the original scheme expired.
The scheme, which will run to the end of 2016, will offer buyers of fully electric, plug-in hybrid and hydrogen fuel cell vehicles a subsidy of up to 60,000 yuan (€7259). However the scheme will not now apply to conventional hybrids.
Last year the government said it wants to put 5 million hybrids and EVs on the road by 2020.
According to reports, there were 27,800 plug-in vehicles on the road in China at the end of last year.
Natalie Middleton
Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news - or gossip.
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