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China reportedly adding big incentives for hybrid, electric purchases

by Zach Bowman (RSS feed) on Jun 3rd, 2010 at 10:26AM

If you pay them, they will come. At least that's the philosophy China is applying to the electric car business these days. The people's republic is set to roll out new pilot programs in four of its largest cities aimed at curbing emissions by promoting plug-in hybrids and EVs. The country is handing out the equivalent of around $7,320 in incentives for the purchase of more green-minded automobiles. At first, the program will only be available to those who live in Shanghai, Shenzhen, Hangzhou and Hefei, though depending on its success, it may spread to other parts of the country. As a... Read More

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