·The highest subsidy for purchasing new energy vehicles in Wuhan is 120,000 yuan

Wuhan, one of the pilot cities for the promotion of new energy vehicles in the country, has recently introduced new measures to encourage the purchase and use of new energy vehicles. Units and individuals can purchase up to 120,000 yuan in subsidies for new energy vehicles.
Wuhan Municipal Science and Technology Bureau and Wuhan Municipal Finance Bureau jointly issued the "Wuhan City Encourage Units and Individuals to Buy and Use New Energy Vehicles Local Support Subsidy Implementation Measures (Provisional)" on the 2nd, clearly encouraging units and individuals to purchase new energy vehicles. For the purchase of new energy vehicles, on the basis of the central government special fund subsidies, local subsidies will be given according to the national subsidy standard of 1:1.
Wuhan City stipulates that new energy vehicles that enjoy local subsidies refer to new energy vehicle models that are included in the central financial subsidies, including pure electric vehicles, plug-in hybrid (including extended-range) vehicles and fuel cell vehicles. New energy vehicles shall purchase and issue invoices for purchase of automobiles in this Municipality, handle the procedures for exemption of vehicle purchase tax in accordance with state regulations, and complete registration in the vehicle management office of this Municipality within 3 months after obtaining the invoice for purchase.
According to this method, Wuhan citizens purchase a new energy vehicle, the maximum subsidy of 120,000 yuan, the minimum of 70,000 yuan, the subsidy is directly deducted from the price of the car. The total amount of state and local financial subsidies does not exceed 60% of the vehicle sales price.

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