Yutong Bus receives government subsidy of RMB1.717 billion on NEV project
2020-02-24 17:56:41 [Print]
Yutong Bus announced that on February 21 the company received a subsidy of RMB1.717 billion (USD244 million) from Fiscal Bureau of Zhengzhou City for its new energy auto project. The subsidy was to offset part of the company's subsidies to clients who purchased NEV autos and their driving distance totaled 20,000km in total by December 31, 2018.
Lithium Hydroxide LiOH 56.5%min, Magnets 0.0001%max FOB China
Unit:USD/kg
China's lithium maganate producers' sales volume statistics by province by month
Unit: RMB/mt
