Search Results for "energy"

China’s Government Cuts down Subsidies on Buying Alternative Energy Vehicles

The government in Shanghai of China announces to cut down subsidies on buying alternative energy vehicles from RMB30, 000 yuan to RMB10, OOO yuan, which will be launched from April this year.

Apr. 12 , 2016
Alternative Energy Vehicles Account HALF of BYD’s Profits for the Very First Time in 2015

Recently, Chinese domestic carmaker BYD has announced that its net profits in 2015 jumped 552.63% to totally 2.829 billion rmb. It’s observed that alternative energy vehicles are the main driver for BYD’s hugely increased profits. Now the alternative energy vehicles account HALF of this carmaker’s profits while the percentage of that in 2014 is still 27.05%.

Mar. 4 , 2016