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November 11, 2015

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Home » Business » Auto

State support lifts e-car production eightfolds

GOVERNMENT support lifted China’s electric car production in October eightfolds year on year to 50,700 vehicles, the Ministry of Industry and Information Technology said yesterday.

Output of pure electric and plug-in hybrid passenger vehicles in October was 850 percent and 200 percent higher, respectively, than a year ago, the ministry said.

In the first 10 months, Chinese carmakers produced 206,900 new-energy vehicles, three times as many as they did in the same period of last year.

The government’s intense promotion has brought an increasing number of new-energy vehicles onto China’s roads, saving energy and combating pollution.

Measures including tax exemptions, subsidies and requirements for government bodies to buy green cars are in place.

In March, the Ministry of Transport set a target of 300,000 new-energy commercial vehicles on China’s roads by 2020: 200,000 new-energy buses and 100,000 new-energy taxis and delivery vehicles.

The State Council also unveiled plans in early October to build a nationwide charging-station network to meet the power demand of 5 million electric vehicles by 2020.




 

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