Recently, the Ministry of Finance allotted 350 million yuan to Henan province for the promotion of new energy vehicles for the first quarter of this year, which is specially used for the subsidies of Yutong new energy bus which are promoted in Henan province and other areas in China. Totally 1,288 buses got the state subsidies, covering nine bus models.

Yutong hybrid city bus

The statistics of the China Automotive Industry Association revealed that from January to April 2014, the sales volume of new energy buses in China’s bus industry reached more than 2,700 units, among which 1,400 units were Yutong buses, accounting for more than 50% of the total. Its market share continues to rank the first in the industry.

It is learned, Zhengzhou and Xinxiang of Henan province are listed in the first batch of a new round of demonstration cities in China to promote the application of eco-friendly vehicles. From 2013 to 2015, every city shall promote no less than 5,000 units of eco-friendly vehicles in three years. With the incentive of subsidy policies, the number of eco-friendly vehicles in Henan province has seen a rapid growth and the size of the market is expanding continuously. So the development prospect of Yutong eco-friendly buses will become brighter.