State Council to Release New-energy Buses Supporting Policy

"The State Council is expected to release the next supporting policy to new-energy vehicles in late June, followed by the detailed operation policies a little later." said an anonymous official in early June.

He said: "the amount and form of subsidies are still under discussion. We don"t know the subsidies will be issued to operators or bus manufacturers, in tax preference or cash." The only thing for sure is the subsidies will continue.

On May 30th, Minister of MOST Wan Gang mentioned in "2013 International Electric Vehicle Demo Cities and Industry Development Forum" that the quantity of demo vehicles increased from 27400 units last December to 39800 units in last March, which reflected the fast development of new-energy vehicles.