·Shandong Province will invest 100 million yuan to purchase subsidies for new energy vehicles

    Recently, I learned from the Weihai Municipal Finance Bureau that in order to comprehensively strengthen the development of energy-saving and new-energy automobile industry in Shandong Province, improve urban air quality, and promote energy conservation and emission reduction, the provincial finance will allocate 100 million yuan this year to purchase the city in the province. Subsidies are granted to bus companies and units that save energy and new energy buses.
    Shandong Province's financial allocation of subsidy funds adopts the principle of “buy first, buy late, buy late, not buy or not”, and subsidizes the purchase of hybrid and pure electric buses without a maximum of 400,000 yuan per vehicle. For subsidies for the purchase of natural gas buses, up to a maximum of 50,000 yuan per vehicle.
    It is understood that from September 2012 to the end of May 2013, Weihai City has purchased 36 energy-saving and new-energy bus vehicles, including 5 hybrid vehicles and 31 natural gas vehicles. The provincial department has issued a subsidy through the financial department. The funds are 2.67 million yuan. In addition, according to statistics, before the end of this year, Weihai City will also plan to purchase 218 buses for energy-saving and new-energy vehicles, including 32 hybrid vehicles and 186 natural gas vehicles. It is estimated that the subsidy funds will be 22.1 million yuan.

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