EV subsidy

Tesla Prices in Shanghai Benefit from Extended NEV Subsidies

A subsidy for replacing gas vehicles and other large appliances will continue to be available to those in Shanghai, offering as much as RMB 10,000 ($1,475 USD) for the trade-in of an old registered vehicle (via @TslaChan). The subsidy renewal comes as part of the “Shanghai Action Plan to Boost Confidence, Expand Demand, Stabilize Growth […]

Tesla Offers More Discounts in China, This Time Until January 2023

Tesla customers in Shenzhen, China, can currently take advantage of a total of over ¥33,000 (about $4,732 USD) in subsidies when purchasing any of the company’s electric vehicles (EVs), according to notices issued by Tesla (via @Tslachan). Shenzhen, China seems to provide temporary government subsidies. It's 12,000 yuan. ($1,700)The period is from December 18, 2022 to […]

U.K. Lowers EV Subsidy By £1,000, Tightens Price Cap

The U.K. government has reduced the incentives it will offer to buyers of new electric vehicles (EVs) again this year, following similar moves throughout the year. The Department for Transport (Dft) has decreased its subsidy for EV purchases to £1,500 from £2,500, while also decreasing the price cap on purchases to £32,000 from £35,000, according […]