China to replace new-energy vehicle subsidies with newprogram, China Daily says
Jul 22 at 10:02
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China will launch more fiscal support policies for "new-energy" vehicles
for 2016 to 2020 when the current subsidy program expired at the end of 2015,
said China Daily, citing a notice the State Council released Monday. New-energy
vehicles include pure electric ones, plug-in hybrids and fuel cell vehicles, the
report noted. Makers of electric vehicles include Kandi (KNDI) and Tesla (TSLA)
and companies in the fuel cell space include Plug Power (PLUG), FuelCell Energy
(FCEL) and Ballard Power (BLDP). [Reference
Link]:[http://www.chinadaily.com.cn/business/motoring/2014-07/22/content_1788000
4.htm]
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