Yutong’s New Energy Vehicle Subsidy Receivables Reached
20 December 2016
www.chinabuses.org: On December 18, Yutong made an announcement, showing that the company’s new energy vehicle subsidy receivables amount to 32,304,800,000 RMB in 2015. The amount was calculated on the Notification of Energy-Saving & Emission Reduction Funds for Subsidizing New Energy Vehicles and New Energy Buses made by China’s Ministry of Finance.