INTIEAPeople's Republic of China · Improving the renewal of new energy city buses and power batteriesPolicyIn force

Improving the renewal of new energy city buses and power batteries

It outlines specific subsidy standards and processes, emphasizing the use of long-term special government bonds to support these updates. Specifically, New Energy Buses: Average subsidy of 80,000 RMB per vehicle. Power Batteries: Subsidy of 42,000 RMB per vehicle, not exceeding…

Last changed 1 year ago.

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Country / jurisdiction: People's Republic of China · Year: 2024 · Status: In force · Level: National · Type: Voluntary

It outlines specific subsidy standards and processes, emphasizing the use of long-term special government bonds to support these updates. Specifically,

New Energy Buses: Average subsidy of 80,000 RMB per vehicle.

Power Batteries: Subsidy of 42,000 RMB per vehicle, not exceeding 50% of the new battery cost.

Official source: https://www.gov.cn/zhengce/zhengceku/202409/content_6976681.htm

Source

https://www.iea.org/policies/26518

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