23 July 2019

Beijing issues new clean car subsidy list, paper says

A second electric car from BYD Co. Ltd. (01211.HK) has qualified for subsidies under the new energy car program of the Beijing municipal government, National Business Daily reported Wednesday. The Denza and four other car models made the list announced by the local government. These vehicles will receive subsidies ranging from 63,000 yuan (US$10,260) to 108,000 yuan from the central government and the Beijing city administration, the report said. Earlier, BYD’s e6 electric car qualified for such incentives.

– Contact HKEJ at [email protected]



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