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Subsidy amount received by the Shanghai Automotive Industry Corporation (SAIC) for electric vehicles in China in 2023, by vehicle type (in million yuan)

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Source

Release date

April 2025

Region

China

Survey time period

2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.12 euros (as of July 2025).

Citation formats

SAIC subsidies received for alternative energy vehicles in China 2023, by type

Published by ÌÇÐÄÆƽâ°æ Research Department, Oct 13, 2025

In 2023, SAIC received a subsidy of about *** million yuan for new energy passenger vehicles. That figure in 2024 was ****.

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