Expected support up to 3 million/individual to buy electric cars, limit gasoline cars

(QNgTV) - People with gasoline motorbikes who switch to electric motorbikes worth 15 million VND or more will receive a maximum financial support of 3 million VND, according to the draft of the Hanoi Department of Construction.

The Hanoi Department of Construction is seeking opinions from relevant departments, sectors and units on the draft Resolution on converting to green vehicles (electric vehicles) and developing a charging station system in the area. The document outlines a number of policies on financial support and incentives; measures to limit and regulate polluting vehicles; and policies to develop and support clean energy infrastructure.

Specifically, people with gasoline or diesel motorbikes (registered before the resolution takes effect) in low-emission areas, when switching to green vehicles with a value of VND15 million or more, can receive support of VND3 million. The support level of VND4 million applies to near-poor households; VND5 million to poor households. Each individual is supported with a maximum of one vehicle until the end of 2030.

The city plans to exempt 100% of registration fees and license plate registration fees for green vehicles from the effective date of the resolution until the end of 2030.

Source: https://quangngaitv.vn/du-kien-ho-tro-toi-da-3-trieu-ca-nhan-de-mua-xe-dien-han-che-xe-xang-6504969.html