China, the largest automobile market in the world, will launch a pilot programme to wean consumers away from fossil-fuelled vehicles by offering substantial purchase subsidies for green cars and financing for the construction of electric power charging infrastructure in five cities, the ministry of finance website said on Tuesday.
Analysts say the high price of alternative-fuel vehicles is one of the biggest barriers to their widespread acceptance in China, where the high proportion of first-time car buyers makes the market very price sensitive.
Sales of existing green vehicles such as the Toyota Prius have been very small because of price.
您已阅读36%（646字），剩余64%（1141字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。