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Article: CHINESE MINISTRIES BUILD TESTING STATION FOR NEW ENERGY VEHICLES.
- Article from:
- AsiaPulse News
- Article date:
- March 25, 2009
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SHANGHAI, March 25 Asia Pulse - China's Ministry of Science and Technology (MST) and Ministry of Finance (MOF) have jointly established a testing station for new energy vehicles, along with related standards for new energy vehicles, according to Liu Jiugui, deputy director of MST's Department for New and High Technology and Industrialization.
The ministries have also jointly released a document to provide subsidies to cities employing new energy vehicles.
Speaking at a new energy investment forum, Liu said the subsidy would range from ten thousand yuan (US$1,464) to some hundred thousand yuan for each unit. As for high-cost buses, the amount could reach ...