On March 10th, the Shanghai Municipal Development and Reform Commission and other departments issued a notice on the "Shanghai Measures for Supporting the Development of Electric Vehicle Charging and Battery Swap Facilities". The notice stipulates that since the implementation of these measures, the charging equipment in newly - built demonstration communities can receive a 30% subsidy for equipment investment. The upper limits of power subsidies for DC and AC facilities are 600 yuan per kilowatt and 300 yuan per kilowatt respectively. The homeowners' associations in the demonstration communities will also receive a one - time subsidy based on the number of newly - added parking spaces. For newly - built universal and non - universal battery swap stations, their battery - swapping equipment enjoys investment subsidies of 40% and 20% respectively, and the upper limits of power subsidies are also 600 yuan per kilowatt and 300 yuan per kilowatt. View Details >