Governments here in the U.S. have been kind enough to offer some significant incentives for purchasing green vehicles. Buyers can get up to $7,500 off an electric vehicle, thousands off on hybrids, and there are some deeper discounts for buyers in some states that have decided to offer additional rebates. Though incentives here are strong, China has taken this rebate thing to the next level.

According to the Shanghai Securities News, the Chinese government has finalized a plan to offer incentives to buyers of green vehicles. The government will offer maximum subsidies of $7,300 (U.S., at today's exchange rates) for plug-in hybrids and an amazing $8,800 for fully-electric vehicles. Full details will be released by the Chinese government within the next few days, but the numbers are enough to make us jealous already. Surprisingly, the rebate for a standard hybrid vehicle in China comes in at a measly $440 – kind of odd if you ask us. Perhaps the government thinks that standard hybrids are already yesterday's technology, whereas plug-in hybrids and electrics are the future. Hat tip to Larz!

[Source: Reuters]

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
  • 2015 Toyota Highlander
    MSRP: $29,765 - $44,140
    2015 Jeep Grand Cherokee
    MSRP: $29,995 - $64,895
    2015 Honda Accord
    MSRP: $22,105 - $33,630
    2015 Honda Civic
    MSRP: $18,290 - $26,740
    2015 Mazda Mazda3
    MSRP: $16,945 - $25,545
    Share This Photo X