Preparing for the shock of the new
By Zheng Jinran | China Daily | Updated: 2015-02-16 07:59
· There are three main types of new-energy vehicle�Cfuel cell electric, plug-in hybrids, and battery powered. All three are subsidized by central and local governments to varying degrees. Owners have few problems obtaining license plates in cities that are attempting to restrict the growth of conventional vehicles.
· By the end of last year, 88 cities nationwide were publicly promoting the use of new-energy vehicles, and 70 had released detailed policies offering a range of subsidies.
· This year, the subsidies provided by the central government will fall by 10 percent from those offered in 2013, and will range from 31,500 yuan ($5,000) to 180,000 yuan.
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