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Zhongtong Bus Receives New-Energy Buses Subsidy


Zhongtong Bus in Shandong province will receive an 80 million yuan subsidy from the central government to aid its development of plug-in hybrid and pure-electric buses, according to its statement on Jan 29.

Zhongtong new energy bus

Zhongtong Bus has been making large and medium-sized buses for 40 years and was among the first in the sector to be publicly listed. Zhongtong Automobile Industry Group Co., Ltd., as an excellent example of Chinese bus enterprise, is a joint-stock company.

In addition, it is one of earliest companies enlisted in China. The company has established world-advanced integrated Dutch BOVA production lines for bus engineering technology, with annual output of 10000 H&M-class luxury buses.

The company possesses state-level research center and the first national-level laboratories for bus technology. and acts as one of demonstrative enterprises for CIMS Project and National 863 Plan, Set up a postdoctoral program R&D center.

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