On December 12, 2017, the signing ceremony of the strategic cooperation between Beijing Environment Exchange and Beiqi Foton Motor Co., Ltd. (referred to as Foton Motor) was held at the Beijing Equity Exchange.
Since August 2011, the Beijing Municipal Government has begun to implement the old-fashioned motor vehicle elimination renewal subsidy policy to improve Beijing's air quality.
At present, heavy-duty diesel vehicles are the major polluters for motor vehicles, and controlling the emissions of heavy-duty diesel vehicles is a top priority.
On September 20, 2017, the Beijing Municipal Government issued the “Beijing Municipality to Promote the Elimination of High-emission Old Diesel Freight Carsâ€, giving government subsidies to car owners who eliminated old diesel freight cars, in order to further accelerate Beijing’s high emissions. Diesel trucks are eliminated, vehicle emissions are reduced, and air quality in the capital is continuously improved.
The Beijing Environmental Exchange and Foton Motor implemented the “Beijing Municipality to Promote the High-emission Old Diesel Freight Cars Elimination Plan†and carried out strategic cooperation to jointly provide the old trucks with the full chain service for the owners, using existing resources in the old cars. A series of convenience measures were adopted in all aspects of truck replacement, such as elimination, subsidy application, new car purchase and financial loans.
In accordance with the agreement, Foton Motor will provide a maximum of 6,000 yuan for car purchases for eligible car owners to replace old diesel freight cars, and provide one-stop services such as financial loans and procedures for car owners. The owner can check the details from the official website of Foton Motor.
As a government subsidy distribution platform for the elimination of new high-emission old diesel freight cars, the Beijing Environment Exchange will provide convenient conditions for car owners to eliminate old cars and apply for subsidies. The owner can go to Futian Auto's authorized 4S shop in Beijing to enjoy the one-stop service of old truck replacement provided by Beijing Environment Exchange and Foton Motor, enjoy the double subsidies of government subsidies and corporate rewards, simplify the procedure and greatly improve the replacement efficiency.
The Beijing Environment Exchange and Foton Motor actively responded to and implemented government policies and people-oriented cooperation models, giving full play to the leverage of policies and the market economy, and creating a mutually beneficial and win-win situation. This cooperation will accelerate the elimination of the old diesel freight car in Beijing.
The Beijing Environment Exchange and Foton Motor will also carry out a series of cooperation in the areas of truck supervision platform and green travel, and continue to contribute to Beijing's environmental protection.
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