New Energy Auto Subsidy to the Car Makers directly soon
2013-09-10
The new round of new energy auto subsidy will come into force soon, and this is a good news for BYD and like new energy auto makers, for the subsidy will come to the car makers directly, and they don"t need to negotiate with local governments.
The new round of new energy auto subsidy will come into force soon, and this is a good news for BYD and like new energy auto makers, for the subsidy will come to the car makers directly, and they don"t need to negotiate with local governments.
Technology Minister Wan Gang said that the new round new energy auto demonstration scheme has been ratified, and the detailed regulations is underway.
During the previous round of new energy auto subsidy, local government protection is rather strong, for example, BYD e6 are mainly sold in Shenzhen and SAIC E50 are mainly sold in Shanghai.
The new energy subsidy is affecting the new energy car sales for the subsidy is for the sales process. But this is just makeshift, and in the long run, we are expecting China new energy vehicles will compete on quality, price and performance.
