End of EV Subsidies: A New Era for Xian
Xian's government subsidy program for electric vehicles and plug-ins concluded in June. Local media reports that three city districts will halt applications in July, signaling a shift in policy.
- Country:
- China
The government subsidy scheme aimed at promoting electric vehicle and plug-in hybrid purchases in Xian, the capital of China's Shaanxi province, ended in June. This move was reported by local media source Shaanxi Daily on Tuesday.
Three districts within the city will discontinue accepting subsidy applications in July. This action marks a significant policy shift as the city adapts to new economic and environmental strategies.
The cessation of these subsidies could impact the local electric vehicle market and consumer purchasing decisions, potentially influencing the region's commitment to sustainable transport solutions.
(With inputs from agencies.)
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