Date
18 November 2017

Beijing city to announce new green car subsidy, Xinhua says

Beijing city will provide subsidies worth as much as 108,000 yuan (US$17,848) each for 10,000 local buyers of certain models of pure electric passenger cars, Xinhua news agency reported Tuesday, citing the municipal government. The new-energy car models that are covered in the subsidy scheme will be announced in February, it said. Beijing has allotted about 40 percent of its total 430,000 passenger car quota for the four years to 2017 to new-energy vehicles, Beijing News said in a separate report Wednesday.

– Contact HKEJ at digest@ejinsight.com

MY/AC/RC

 

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