China and Beijing to offer $19,000 subsidy to buy electric cars

Chinese firm approved to buy U.S. electric car battery company | Marketplace.org:

“The central government gives electric car buyers a check worth $9,500. Last week, amidst a public outcry over hazardous air pollution, the city of Beijing matched that sum resulting in a whopping $19,000 subsidy for people who buy electric cars.”

That is a huge subsidy. Here in the United States, the government will give you a $7,500 tax subsidy for buying an electric car. Pollution in Beijing must be terrible.

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