Improving the renewal of new energy city buses and power batteries

Source: International Energy Agency
Last updated: 24 June 2025

It outlines specific subsidy standards and processes, emphasizing the use of long-term special government bonds to support these updates. Specifically,

  • New Energy Buses: Average subsidy of 80,000 RMB per vehicle.
  • Power Batteries: Subsidy of 42,000 RMB per vehicle, not exceeding 50% of the new battery cost.


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