Home / China News / News detail

China may offer subsidy to BYD F3DM buyer

echo From Gasgoo.com| November 12 , 2009 13:43 BJT

Shanghai, November 12 (Gasgoo.com) BYD's F3DM, the first mass-produced plug-in hybrid, has entered the recommendation list published by China’s auto industry regulator earlier this year. Reportedly, consumers may get government subsidies up to 50,000 yuan ($7,320) for buying an F3DM car.

New energy vehicles have not got consumers’ trust yet. The concerns about their qualities always exist. But the recommendation list punished by the Ministry of Industry and Information Technology. is to allay the anxiety.

China may offer subsidy to BYD F3DM buyer

In December 2008, BYD unveiled the F3DM car, with its selling price fixed at 149,800 yuan. Currently the BYD F3DM serves government agencies and companies, and has not been sold to the vast market of individual buyers until later this year.

BYD's F3DM, the world’s first dual-mode electric vehicle dependent on charging stations, was scheduled to hit the international market last December but went through about one year’s delay as the incentives was postponed  to be on power.

It is said BYD is looking to the official announcement about the government subsidies, and the long-awaited F3DM will then be available to the high-end consumers.

Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com

All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com