Subsidies for new energy vehicles are likely to be expanded to the manufacturing and usage sectors as the government releases preferential fiscal and taxation policies, said Xu Changming, head of information resource development at the State Information Center during an interview with China Business News on Wednesday.
Xu said as electric car charging stations will be installed at parking areas, subsidies will be provided to the State Grid Corp of China and China Southern Power Grid. Users of new energy cars will enjoy preferential policies when paying road tolls, parking fees and charging fees. Moreover, manufacturers of new energy cars may receive subsidies if they apply new technologies to the production, he added.
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