Can Beijing's New Energy Vehicle Quota Be Used to Purchase Plug-in Hybrid Vehicles?
1 Answers
Beijing's new energy vehicle quota cannot be used to purchase plug-in hybrid vehicles. More information regarding Beijing's new energy vehicle quota is as follows: 1. Article 2 of the "Beijing Municipal Measures for the Promotion and Application of New Energy Vehicles" stipulates that new energy vehicles refer to pure electric vehicles and fuel cell vehicles legally sold in China. 2. Beijing's policy clearly states that, on the basis of central government subsidies, subsidies for pure electric buses in Beijing are determined at a 1:1 ratio with the central standard, with the 2017 subsidy standard reduced by 20% from the central standard. 3. According to national policy, the municipal financial subsidy standards are separately formulated, and the total financial subsidies applied by automobile manufacturers to the central and municipal governments shall not exceed 60% of the vehicle's sales price.