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China’s subsidy for e-buses likely to be cut by 50 percent

China will adjust the subsidies for new energy vehicles and those for pure electric buses (6-10 meters) may be cut by 50 percent, according to evpartner.com, a Chinese website on new energy vehicles. The government decision is revealed in its guidelines for new energy vehicle subsidies for the 13th Five-Year

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Revised NEV policy to impact China’s market for decades

The Ministry of Finance released a draft plan to award the building of charging facilities for new energy vehicles (NEVs) during the 13th Five-Year Plan period on December 15, 2015. There are many significant policy changes and adjustments in the plan, which will impact China’s market for decades. First, NEV

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China stands to lead the world in vehicle electrificatio

  China's output of new energy vehicles shot up to 50,700 units in October, according to the Ministry of Industry and Information Technology (MIIT) based on registered vehicle certifications. Of the total, 21,700 were passenger BEVs and 7,028 passenger PHEVs. Total output of commercial NEVs was 21,989 units, of which

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