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Chapter 702 - Chapter 501: 3 Million US Dollars for a Top-Tier Talent? That's Way Too Cheap! Making Money by Imperial Decree

Chen Yansen spent the morning in a conference room at the Central Bureau before taking a car back to his hotel.

The core topic of the symposium on new energy vehicle subsidies was the "2014 Notice on the Promotion and Application of New Energy Vehicles," jointly issued by the ministries of Finance, Science and Technology, and Industry and Information Technology.

The notice included adjustments to passenger vehicle subsidies, raising the maximum amount from 60,000 to 100,000 yuan. The underlying principle remained the same: the greater the driving range, the larger the subsidy.

Specifically, hybrid vehicles with a driving range over 100 kilometers would receive a subsidy of 35,000 yuan per car.

For all-electric vehicles, the subsidy was 35,000 yuan for a range between 100 and 200 kilometers; 50,000 yuan for 200 to 300 kilometers; 60,000 yuan for 300 to 800 kilometers; and 80,000 yuan for a range over 800 kilometers.

First-time buyers would receive an additional 20,000 yuan.

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