Additional funds for new-energy vehicles from 2016

China will launch more fiscal support policies for the new-energy vehicle industry from 2016 to 2020, according to a notice the State Council (cabinet) released on Monday.

The notice said details about the new program will be formulated and released before the end of the year as the current subsidy program is set to expire by the end of 2015.

New-energy vehicles include pure electric ones, plug-in hybrids and fuel cell vehicles.