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China

China offers subsidies for adopting electric city buses and replacing batteries

Aug 02, 2024

On July 31, China’s Ministry of Transport (MOT) and Ministry of Finance (MOF) issued the “Detailed Rules for the Implementation of Subsidies for Adopting Electric City Buses and Replacing Batteries” (Detailed Rules).
According to the Detailed Rules, city bus operators will be given a fixed subsidy for adopting electr....

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