GRA
Posts: 9498
Joined: Mon Sep 19, 2011 1:49 pm
Location: East side of San Francisco Bay

China Extends Tax Cut For Electric Vehicles

Wed Feb 21, 2018 8:34 pm

via IEVS: https://insideevs.com/china-extends-tax-cut-for-electric-cars/

The Chinese government has confirmed the extension of the tax exemptions on purchase of New Energy Vehicles (all-electric or plug-in hybrids) that otherwise would have ended on December 31, 2017. Incentives will be available for the next three years, through the end of 2020.

Lowering the effective price of NEVs by several thousand dollars is important to meet the requirements of 10% NEV credits in 2019. Manufacturers were scrambling to delay the requirements from 2018 to 2019 and save the incentives, arguing that consumer demand will not be sufficient. . . .
Guy [I have lots of experience designing/selling off-grid AE systems, some using EVs but don't own one. Local trips are by foot, bike and/or rapid transit].

The 'best' is the enemy of 'good enough'. Copper shot, not Silver bullets.

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