China Pushes Forward with Electric Car Initiatives

Electric car pioneers, including SAIC, Chery and BYD Motors have indicated their commitment to the development of electric vehicle technologies.

Published: 15-Mar-2012

Despite lingering consumer doubts about the technology and practicality of electric vehicles, the Chinese government and automakers are pushing ahead with the development of green cars.

Buyers of hybrid cars, which run on a combination of batteries and conventional engines, are entitled to a direct central government subsidy of 5,000 yuan ($790) per vehicle, while a rebate of up to 60,000 yuan on the purchase price is offered to buyers of battery-driven cars.

Other than government incentives, auto manufacturers are luring buyers of their alternative cars with free maintenance and a range of personalized services.

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