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According to a notice released by the Ministry of Industry and Information Technology of Cangzhou, in a bid to promote the development of alternative energy vehicles in this city, consumers of alternative energy vehicles here will be granted a subsidy of 150,000 yuan within 90 working days after they submitted relevant purchase files. But 240 of the owners, who have already submitted all the files needed for the application of this subsidy in last December, still have not received the money, and they wouldn’t help wondering where the money is now and has the money been embezzled.

China JAC group signed agreement with NEXTEV, an Internet automaker in China to manufacture alternative energy vehicles jointly on May 18.

Gasgoo.com (Shanghai) - As new energy vehicles continue to increase in popularity in China, more and more buyers are starting to make the jump over to electric or hybrid models. According to China Passenger Car Association statistics compiled by Gasgoo.com (Chinese), a total of 46,138 new energy vehicles were sold in the first quarter of this year, up 141.8% from the 19,085 vehicles sold over the first quarter of the previous year. However, compared to new energy automobile sales from the fourth quarter of last year, sales this year have actually decreased by quite a bit. When asked about the changes in sales volumes between last year and this year, CPCA Secretary General Cui Dongshu explained that since the beginning of last year saw major changes to relevent government policies and eligibilities for new energy vehicle subsidies, it has taken a while for the market to pick up.