Energy-efficient Vehicles Boost in China
2009-02-04 Source：english.chinabuses.com
The Ministry of Finance (MOF) said recently that China is to promote the use of energy-efficient and new-energy vehicles in public sector. According to a joint statement by the MOF and the Ministry of Science and Technology, the central government will offer one-off subsidy for the purchase of mixed-power, electric and fuel-cell vehicles.
The statement said the subsidy will be decided by the gap between the prices of energy-efficient vehicles and automobiles powered by traditional fuel. The program will be put into trial in public transport bus, taxi industry, postal and urban sanitary services. The cities include Beijing, Shanghai, etc.
The program is aimed at facilitating the technology upgrading and structural optimization of the automobile industry, said the statement. Local governments should also allocate funds for the building and maintenance of related facilities.
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