Beijing looks to spur vehicle need and economy with payments comparable to B50,000 PUBLISHED : 26 Apr 2024 at 21: 12 Electric automobile (EV) designs are showed at the cubicles of Denza, a joint endeavor inbetween Mercedes-Benz and BYD, and the Chinese EV maker Voyah, at a shopping shoppingmall in Beijing. (Photo: Reuters) BEIJING – China will offer a one-time aid of up to 10,000 yuan (US$1,380 or 50,000 baht) to customers who trade in old automobiles and buy morerecent designs in a relocation to promote the car market and the economy. Drivers who trade in electrical cars (EVs) or hybrids signedup before 2018, or petrol-engine carsandtrucks that wear’t fulfill 2007 emissions requirements, and purchase a brand-new certifying lorry will get 10,000 yuan, the Ministry of Commerce stated on Friday. Cus
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