Beijing unveils preferential policies for electric vehicles

Beijingers who plan to buy electric cars won’t have to compete for license plates for new energy vehicles that will be rolled out soon.

Beijing will unveil policies for electric vehicles in the first half of 2013, including a maximum purchase subsidy of 120,000 yuan (US$19,296) and the option to obtain license plates without participating in the city’s plate lottery, Chen Guiru, deputy director of the Beijing New Energy Auto Development Center, said Thursday.

According to statistics, in February, one out of 77 applicants were awarded license plates in Beijing, marking a new low for the lottery since it began in 2011.

It is said that 5,000 electric vehicles will hit Beijing’s roads in 2013, about 2,000 of which will be purchased by groups and individuals.

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