How is the subsidy for new energy vehicles calculated?

[Jonah]

New energy vehicle subsidy policies are as follows: 1. The subsidy amount for new energy vehicles ranges from 0 to 50,000 yuan depending on the driving range. 2. The driving range is divided in gradients of 50km. 3. National subsidy amount = Mileage subsidy amount * Battery system energy density adjustment coefficient * Energy consumption level adjustment coefficient. Below is additional information about new energy vehicles: 1. New energy vehicles refer to vehicles that use unconventional vehicle fuels as power sources, integrating advanced technologies in vehicle power control and driving, resulting in advanced technical principles and featuring new technologies and structures. 2. New energy vehicles include four main types: Hybrid Electric Vehicles (HEV), Battery Electric Vehicles (BEV, including solar-powered vehicles), Fuel Cell Electric Vehicles (FCEV), and other energy vehicles.