Tag: Buick

GM to offer “NEV subsidy” in China on Buick Velite plug-in

GM filling the void after Chinese gov’t cut EV subsidies On Tuesday, General Motors said it will offer a 36,000 yuan ($5,233) discount to Chinese buyers of the GM Velite plug-in hybrid car. The American automaker said it would offer the New Energy Vehicle subsidy after the Chinese government said it would scale back subsidies to EV buyers. […]