Manufacturing News

Shenzhen to buy 2,000 EVs, hybrids this year

The municipality of Shenzhen plans to buy 500 electric taxis and 1,500 electric buses this year, reports the Xinhua news service, citing a government official.

The acquisitions will raise the city's fleet of EVs and hybrids to 5,000 vehicles, Shenzhen Mayor Xu Qin said during a conference.

Shenzhen is one of five cities where the central government offers subsidies of 60,000 yuan ($9,500) to EV purchasers, and 50,000 yuan to purchasers of plug-in hybrids.

Shenzhen, which is located in southeast China's Guangdong province, offers a matching subsidy.

In 2010, the city announced plans to amass a fleet of 35,000 EVs within three years.

Shenzhen also is the home town of BYD Co., which markets electric buses and the e6 electric car. BYD has supplied a small fleet of electric taxis to the city.

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