Shenzhen starts green-car subsidy pilot project

Shanghai, July 7 (Gasgoo.com) On July 6, officials from Ministry of Finance, Ministry of Science, Ministry of Industry and Information and the National Development and Reform Commission gathered in Shenzhen yesterday for the launch ceremony of subsidies for private purchasing of new energy vehicles.

Zhang Shaochun, vice minister of the Ministry of Finance said that the highest subsidy for the plug-in hybrid electric vehicle is 50,000 yuan ($7,350) per unit while the subsidy for per pure electric vehicle is 60,000 yuan. Thus, the promotion of new energy vehicles took its substantive step in Shenzhen.

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