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China Renews Electric Vehicle Subsidies Excluding Hybrids

China, under pressure to reduce air pollution, renewed a subsidy program for alternative-energy vehicles such as electric cars. One notable exception: hybrids.

The central government will provide as much as 60,000 yuan ($9,800) toward the purchase of an all-electric passenger vehicle and as much as 500,000 yuan for an electric bus, according to a joint statement by the National Development and Reform Commission and finance, science and industry ministries. Fuel-cell vehicles, which are powered by hydrogen, were included for the first time in the plan and will qualify for as much as 500,000 yuan in rebates.