Mexican Media Brands
China EV Incentive Plan Shifts to Favor Longer-Range Vehicles
China’s central government has adjusted its incentive program for electric cars to reward models with the greatest range, Bloomberg News reports.
#hybrid
Share
China’s central government has adjusted its incentive program for electric cars to reward models with the greatest range, Bloomberg News reports.
The new plan requires an EV able to travel at least 150 km (93 miles) per charge—up from 100 km—to qualify for any subsidy. All eligible vehicles also must have a battery energy density greater than 105 watt-hours per kilogram.
The new scheme, which took effect on Feb. 12, lowers subsidies for electrics with a range of less than 300 km (186 miles). Vehicles that can travel in electric-only mode for at least 400 km (249 miles) are eligible for a 50,000-yuan ($7,900) discount, up from 44,000 yuan ($6,900) previously.
China also has cut subsidies for electric buses by as much as 50%, Bloomberg says. The news service adds that the central government is trying to eliminate protectionist rules by provincial governments that favor local EV producers.
RELATED CONTENT
-
Audi e-tron to Get September Reveal
Audi AG will take the wraps off its first electric vehicle, the all-new e-tron crossover, on Sept. 17 in San Francisco.
-
Aluminum Sheet for EV Battery Enclosure
As the number of electric vehicles (EVs) is about to increase almost exponentially, aluminum supplier Novelis is preparing to provide customers with protective solutions
-
On Traffic Jams, Vehicle Size, Building EVs and more
From building electric vehicles—and training to do so—to considering traffic and its implication on drivers and vehicle size—there are plenty of considerations for people and their utilization of technology in the industry.