Press "Enter" to skip to content

Shenzhen relaxes restriction of new energy car purchase

Shenzhen, one of China' four top-tier cities has eased restrictions on the purchase of electric cars to boost sales of battery electric vehicles, following in the footsteps of Beijing and Shanghai.

The annual license quota for standard cars in Shenzhen remains 80,000 while license caps on hybrid vehicles and BEVs have been removed to encourage consumers to buy new energy vehicles, according to new licensing regulations issued on Wednesday by the Shenzhen Municipality's Transport Commission. Also, an individual can apply to buy a BEV if only one car is under his or her name.

Beijing, Shanghai, Hangzhou . . .

To continue reading, please subscribe:

SUBSCRIBE

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

Not satisfied with general information that you can get everywhere? Join us now! We go deeper to bring you details, data and perspectives you won't read elsewhere!

What you'll get:

  • In-depth & data-driven reporting on China's economy and financial markets
  • Daily Brief newsletter delivered before market open every weekday. You don't have to spend time to source information about this market. We do it for you! You only need to spend 10 minutes every day to read our newsletter! 
  • Exclusive interviews with China experts. We find you insights you should never miss!
  • Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?

 

Already have an account? Sign In

 

Top