Yutong Bus obtains CNY 6 billion in NEV government subsidies

On April 19 Zhengzhou Yutong Bus Co., Ltd. (Yutong Bus) obtained a second round of national NEV subsidies in the amount of approximately CNY 6 billion from the government of Zhengzhou City, Henan Province.
The subsidies were granted for NEVs sold by the company in 2016 with an accumulated mileage of 30,000 km each (m....

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