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Policies

2016-2020:Ministry of Finance,No.958[2016],Subsidy scheme and product technology requirement for promotion of new energy vehicles,

Source: International Energy Agency
Last updated: 16 April 2021
1. Set the central and local governments subsidies limit, the local financial subsidies (local fiscal subsidy sum) shall not exceed 50% of the central finance for the single car.2. In addition to the fuel cell vehicles, the central and local subsidies standards and limit for various types of electric vehicles will be reduced by 20% based on the current standards from 2017 to 2020.

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Technologies