Articles Tagged with "subsidy"

RMB31.3 billion budgeted as NEV subsidy in 2020
RMB31.3 billion budgeted as NEV subsidy in 2020

A total of RMB31.3 billion will be earmarked next year as New Energy Vehicle subsidies of 2017 and 2018, according to a filing from China’s Ministry of Finance.

Nov. 26 , 2019
FCV for the first time appears on China’s governmental NEV subsidy liquidation list
FCV for the first time appears on China’s governmental NEV subsidy liquidation list

Fuel cell vehicle (FCV) for the first time appeared on a governmental liquidation list about how much subsidy would be given to automakers based on the number of vehicle they submitted in 2017 for governmental grants.

Oct. 23 , 2019
JAC Volkswagen’s first model SOL E20X hits the market, post-subsidy price starting RMB128,000
JAC Volkswagen’s first model SOL E20X hits the market, post-subsidy price starting RMB128,000

The SOL E20X, the long-anticipated first model of JAC Volkswagen, officially hit the market on September 28. Offered in two trim levels, the new small-sized SUV model is priced between RMB128,000 and RMB138,000 after subsidy.

Sep. 29 , 2019
BAIC BJEV receives RMB1,155.37 million worth of state’s NEV settlement subsidy
BAIC BJEV receives RMB1,155.37 million worth of state’s NEV settlement subsidy

BAIC BJEV has received a fund worth RMB24.93 million from a Beijing authority as part of central government’s efforts to liquidate the NEV subsidy that should be allocated to automakers based on the EV number they submitted to government in 2016.

May 31 , 2019
Geely Binyue PHEV goes on sale with after-subsidy price starting RMB139,800
Geely Binyue PHEV goes on sale with after-subsidy price starting RMB139,800

The Geely Binyue, a SUV model hitting the market at the end of last October, will see its PHEV version go on sale on May 28. It is also Geely’s first BMA (B-segment Modular Architecture)-based plug-in hybrid SUV.

May 28 , 2019
BYD says newly received RMB3.458 billion state’s NEV subsidy helps improve cash flow
BYD says newly received RMB3.458 billion state’s NEV subsidy helps improve cash flow

BYD Company Limited said on May 22 that its subsidiary BYD Auto Industry Company Limited has received the state’s subsidy on new energy vehicle promotion amounting to RMB3.458 billion from Shenzhen Pingshan District Finance Bureau.

May 23 , 2019
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