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REPORT: China launches hybrid subsidies

by Jeremy Korzeniewski (RSS feed) on Feb 9th, 2009 at 2:28PM

China has a well-known problem with the air quality in its largest cities. The issue was highly publicized just prior to last year's Olympic Games in Beijing, and since then, the government has taken various steps to rectify the problem, including banning vehicles on alternating days according to their license numbers and promoting the sale of smaller, more efficient vehicles through tax breaks.To continue bolstering its efforts at reducing oil usage and cleaning up the air, China will soon be offering subsidies on new hybrid vehicle purchases. As it currently stands, hybrids have not made... Read More

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