Latest news with #ShaanxiDaily
Time of India
2 days ago
- Automotive
- Time of India
China's EV buying subsidies for 2025 end in parts of Xian, local media says
A 2025 government subsidy scheme for electric vehicles and plug-in hybrid purchases ended last month in three districts in the city of Xian, the capital of China's Shaanxi province, local official media Shaanxi Daily reported on Tuesday. Some Chinese cities, including Zhengzhou and Luoyang, suspended trade-in subsidies for car buyers because the first round of funding allocated by Beijing for the scheme was running out, Reuters reported in June. The state planner and finance ministry said last month that consumer trade-in subsidies for the remainder of the year would be issued in July and October respectively.
Reuters
2 days ago
- Automotive
- Reuters
China's EV buying subsidies for 2025 end in parts of Xian, local media says
BEIJING, July 22 (Reuters) - A 2025 government subsidy scheme for electric vehicles and plug-in hybrid purchases ended last month in three districts in the city of Xian, the capital of China's Shaanxi province, local official media Shaanxi Daily reported on Tuesday. The three districts are set to stop accepting applications for the subsidies later in July, according to the report. It did not give a reason for the pause or disclose what might happen in other districts. Some Chinese cities, including Zhengzhou and Luoyang, suspended trade-in subsidies for car buyers because the first round of funding allocated by Beijing for the scheme was running out, Reuters reported in June. The state planner and finance ministry said last month that consumer trade-in subsidies for the remainder of the year would be issued in July and October respectively.
