Hangzhou sets max electric car subsidies at 123,000 RMB

16:35, September 28, 2010      

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Hangzhou citizens are now able to enjoy a total maximum of 123,000 yuan in subsidies for buying electric cars in Hangzhou, the Hangzhou Municipal Economic Committee announced on Sept. 26.

The 123,000 yuan of total car subsidies enjoyed by Hangzhou citizens includes 60,000 yuan of subsidies provided by the Chinese government, a maximum of 60,000 yuan of subsidies provided by the Hangzhou municipal government and 3,000 yuan in additional subsidies for car owners who swap private gas-powered vehicles for new-energy cars.

In addition, citizens can also enjoy 0.09 yuan in charging subsidies each kilometer for 60,000 kilometers or three years after purchase, and the maximum charging subsidy stands at 5,400 yuan.

Hangzhou is expected to achieve a sales volume of 20,000 new-energy cars by the end of 2012. Therefore, the city plans to construct four centralized charging stations, 38 charging stations, 145 distribution centers and 3,500 sets of charging poles.

As a result, car owners will be able to find charging stations for their cars within a service radius of 1 to 2 kilometers, according to Nie Liang, general manager of Electric Vehicle Charging Services Company under Hangzhou Power Authority.

According to sources, Hangzhou will host the 2010 Trade Fair of New Energy Cars from Oct. 2 to Oct. 4, and citizens will be able to experience first-hand and order the new offerings from China's current top 16 new energy vehicle manufacturers.

By People's Daily Online


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