Subsidy to boost new-energy vehicles

Shanxi manufacturers of new-energy vehicles can apply for market subsidies, according to interim management measures jointly issued by the province's Commission of Economy and Information Technology and Department of Finance.

This subsidy will be granted to the buyers of new-energy vehicles, which will be deducted from the final invoice.

New-energy vehicles refer to vehicles with an energy source other than gasoline and diesel oil, including electrical, methanol-fueled vehicles and gas-based vehicles. This marketing subsidy is suitable for new-energy manufacturers who have sold products from the first day of 2015 to the end of 2017.