subsidy

Taxi drivers in China will get subsidy to offset hike in fuel price

Taxi drivers nationwide will receive a subsidy of around 300 yuan ($47.50) a month to offset the second hike in fuel prices this year,...

China waives sales tax on locally made EVs, fuel cell cars

China will waive sales taxes on electric and fuel cell cars made domestically by firms like SAIC Motor and BYD, the finance ministry said...

New subsidy policy for energy-saving vehicles in China

China will launch a new subsidy policy for energy-saving vehicles next month in a bid to encourage automakers to increase green-technology investment and reduce...

Cars sales China could decline due to lower purchase subsidy

Car sales in China may drop due to a government proposal to amend purchase subsidies on small engine cars, Economic Information Daily reported Wednesday. The...

China to tighten subsidy scheme for green cars

China is likely to raise the threshold for carmakers qualifying for incentives for fuel-efficient vehicles, the China Securities Journal reported on Thursday. The move,...

China to exempts green vehicles from taxation

The State Council, or China's cabinet, on Wednesday began soliciting public opinions on a draft regulation for the implementation of the Vehicle and Vessel...

SAIC to make EV’s and fuel-cell cars in China

SAIC Group, the largest car maker in China in terms of sales and revenue, will set the pace in the new-energy vehicle segment by...

Shanghai announces new Green Car subsidies

On pic mr Lu Xiaochun, deputy director of Shanghai Municipal Science and Technology Commission. He announced new subsidies in the city of Shanghai for...