- Advertisement -

Green light for electric car plates in Beijing

Reading Time: < 1 minutes

More News Like This Even Faster?

Priority News Access

Car Database

Calendar of Upcoming Events

Chinese EV Sales Data

Those who urgently need to buy a car in Beijing may consider buying a Battery only Electric Vehicle (BEV).Beijing has given green light to BEVs, and individuals buying them will receive a license plate immediately, Beijing Daily reported.

In an effort to promote the use of electric cars, Beijinghas issued a policy that states that the purchase of BEVs will not be limited, and owners will not have to go through the license plate lottery, according to Beijing authorities.

BEVs will, however, still have to obey traffic restriction rules based on the last digit of the license plate number. Besides having no purchase limits, owners of BEVs will each enjoy a maximum subsidy of 120,000 ($18,800) yuan.

Due to their low carbon output, BEVs are considered by insiders to have good prospects, but they are much more expensive than ordinary automobiles. A BEV costs 150,000 ($23,500) to 200,000 yuan more than petrol cars, for two reasons: the limited scale of BEV production; and components and parts are rare and expensive.

Via: ChinaDaily.

Exclusive Content & Car Database

Try Our New Product. Priority Access, Chinese EV Sales & Car Database, or List Of Upcoming Events. Great For Journalists, Investors, Consultants or anyone who likes Chinese EVs.

News instantly?

Get notified about every news in your phone.

- Advertisement -


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisement -