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Spirethoughts

Spire's six most recent Spirethoughts.

Will cost-effective compost rejuvenate African agriculture
Will compost turn out to be the magic mineral for African agriculture?
Will emerging countries dominate the pool of global megacities in futu...
Thumbnail_Will the tech sector create new employment opportunities for persons with disabilities
Will the tech sector create new employment opportunities for persons w...
Thumbnail_Spirethoughts_Can permanent research bases for human beings be built on the moon
Will 3D printing enable the construction of permanent facilities on th...
Will Africa become the latest global aviation hot-spot
Will Africa become the latest global aviation hot-spot?
Will air taxis become the latest urban transport innovation_
Will air taxis become the latest urban transport innovation?

Chinese paves way for more new-energy cars

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The Chinese government has decided to halve vehicle taxes for clean-energy to boost the slow sales in the country.

The Ministry of Finance, the Ministry of Industry and Information Technology, and the State Administration of Taxation had jointly announced that the fees for users of seven types of electric automobiles will be removed. A second wave of tax cuts were also announced for clean-energy cars, specifying 64 new energy-saving vehicles under the scheme.

Since March 2012, the Chinese government had listed at least 200 types of clean-energy cars under the scheme. The government had undertaken vigorous efforts in promoting the sales of new-energy cars through subsidies and reduced taxes – but sales remain lukewarm.

Despite the slow sales, Spire believes that with the heightening efforts on going green, the new-energy cars market would thrive in the coming years!

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