Trial of increased subsidies for hybrid and electric vehicles in 5 Chinese cities

Starting from this month, individual customers in five Chinese cities can purchase hybrid and electric cars with a subsidy as high as 120 thousand yuan (equivalent to approx. $17,500 USD or $20,000 AUD).

The Chinese central government provides subsidies of 50 thousand yuan for hybrid cars and 60 thousand for electric cars, and additional subsidies will now be offered by the local governments of the cities of Shenzhen, Shanghai, Changchun, Hangzhou, and Hefei.

To find out more read or listen to this CRIEnglish news item.