Herm
Posts: 3765
Joined: Sun May 23, 2010 3:08 pm
Delivery Date: 29 Aug 2012
Location: Timbuktu, Mali

China: $18,000 subsidies for purchase of BEVs only

Mon May 02, 2011 7:02 am

http://www.thetruthaboutcars.com/2011/0 ... e-capital/

I dont remember seeing this mentioned here.. plus in Beijing the only new (mostly) cars allowed to get plates will be BEVs, and no restrictions on when they can run... plus they have to be made in China.

China is set to dominate the future of electric transportation.

"Yesterday, we were first to run with the story that Beijing most likely will become EV capital of the world. Not because Beijing scientists have developed the miracle battery. Not because Chinese EVs suddenly go 400 miles on a single charge. Physics did not change. Beijing changes. Months ago, new car buyers in Beijing stopped dreaming about buying a new car.That dream was shattered. Now suddenly, an EV has become the only car a new car buyer can buy and drive tomorrow. Or on Monday. If one would be on sale."

Herm
Posts: 3765
Joined: Sun May 23, 2010 3:08 pm
Delivery Date: 29 Aug 2012
Location: Timbuktu, Mali

Re: China: $18,000 subsidies for purchase of BEVs only

Mon May 02, 2011 9:00 am

Bertel Schmitt has lots of experience in the chinese automotive world, he runs a JV there.

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