Search Results for "energy"

Gasgoo.com (Shanghai July 18) - 2014 marks a new beginning for new energy vehicles in China. As the technology becomes more mature, new energy vehicles are becoming more and more accessible to the common person. New favorable government policies are also helping speed up the industry supply chain, making the vehicles easier to make.

Gasgoo.com (Shanghai July 16) - At a recently-held executive meeting, the State Council has decided to cancel all purchase taxes for pure electrics, plug-in hybrids and fuel battery vehicles purchased from September 2014 until the end of 2017. In an interview with the Nanning Evening News, the Nanning Municipal Office of State Administration of Taxation stated that, even though it had not received an official notification from the State Administration of Taxation, once the policy is officially implemented, the city's residents will save over 10,000 RMB in taxes. The city also hopes that the decreased taxes will help stimulate the currently small number of new energy vehicle sales.