China Subsidizes Alternative Energy Autos

China plans to subsidize purchases of alternative energy vehicles to expand domestic demand, boost the domestic auto industry and reduce emissions according to the Ministry of Finance. For passenger vehicles, the maximum subsidy for a hybrid vehicle will be CNY50,000 ($7300), for a purely electric vehicle CNY60,000 ($8775), and for a fuel-cell vehicle CNY250,000($36500). Subsidies for alternative energy buses will range from CNY420,000 ($61400) to CNY600,000($87,700) per vehicle.

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Parker Hannifin Biogas Dehumidification System

Parker Hannifin Biogas Dehumidification System

The selection of effective biogas treatment equipment is important, both in optimizing the cogeneration of electrical and thermal energy, making the most of the available renewable energy, and reducing energy consumption and operating. Parker's solution is to dry the gas, firstly by cooling using a water-cooled heat exchanger working with an air-cooled water chiller and secondly, by removing the condensed water with a cyclonic water separator. The cooled gas can then be reheated to reduce the relative humidity and thus meet the technical demands of gas engines, turbines and other downstream equipment.