Guangdong Province Announces 824.25 Million Yuan in Subsidy Funds for Energy Conservation and Emissions Reduction

On December 7th, the Department of Finance of Guangdong Province issued a notice on the advance allocation of subsidy funds for the central government's 2024 energy conservation and emissions reduction (promotion and application of new energy vehicles, demonstration application of fuel cell vehicles), totaling 824.25 million yuan.

According to the document, the first-year incentive for the demonstration application of fuel cell vehicles is 76.87 million yuan, including: a total of 74.04 million yuan for vehicle funding, with 49.72 million yuan in Guangzhou and 24.32 million yuan in Foshan; a total of 2.83 million yuan for hydrogen energy funding, with 540,000 yuan in Guangzhou, 2.28 million yuan in Foshan, and 10,000 yuan in Zhongshan.