ID :
198114
Fri, 07/29/2011 - 19:01
Auther :
Shortlink :
https://oananews.org//node/198114
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Over 10,000 new energy vehicles hit roads in China
By Kim Young-gyo
HONG KONG, July 29 (Yonhap) -- More than 10,000 new energy vehicles were sold in China last year, Chinese government officials said Friday, in line with the country's push to foster an eco-friendly automobile market.
China has been encouraging its automakers to jump into the burgeoning market of hybrid and electric cars so they will be able to vie with global rivals. The Chinese government said earlier that it will invest more than 100 billion yuan (US$15.5 billion) to help nurture the new car industry over 10 years, starting this year.
The Chinese Ministry of Industry and Information Technology said 25 cities in the country are currently serving as test centers for electric vehicles, while more than 10,000 units are on the roads.
The majority of the vehicles are used for government- and manufacturer-sponsored trials or showcase programs, while some 1,000 are privately owned, it said. Nearly 100 charging stations and more than 4,500 charging posts were set up in the areas.
Last month, the Chinese government launched a program to subsidize private purchases of alternative-fuel cars in five cities -- Shanghai, Hangzhou, Changchun, Hefei and Shenzhen -- offering car makers up to 50,000 yuan for each plug-in hybrid car and a maximum of 60,000 yuan for each full-electric vehicle.
Chen Qingquan, chairman of the World Electric Vehicle Association, expected that the volume of new energy vehicles will reach 500,000 by 2015 in China and double to 1 million by 2020.
ygkim@yna.co.kr
(END)
HONG KONG, July 29 (Yonhap) -- More than 10,000 new energy vehicles were sold in China last year, Chinese government officials said Friday, in line with the country's push to foster an eco-friendly automobile market.
China has been encouraging its automakers to jump into the burgeoning market of hybrid and electric cars so they will be able to vie with global rivals. The Chinese government said earlier that it will invest more than 100 billion yuan (US$15.5 billion) to help nurture the new car industry over 10 years, starting this year.
The Chinese Ministry of Industry and Information Technology said 25 cities in the country are currently serving as test centers for electric vehicles, while more than 10,000 units are on the roads.
The majority of the vehicles are used for government- and manufacturer-sponsored trials or showcase programs, while some 1,000 are privately owned, it said. Nearly 100 charging stations and more than 4,500 charging posts were set up in the areas.
Last month, the Chinese government launched a program to subsidize private purchases of alternative-fuel cars in five cities -- Shanghai, Hangzhou, Changchun, Hefei and Shenzhen -- offering car makers up to 50,000 yuan for each plug-in hybrid car and a maximum of 60,000 yuan for each full-electric vehicle.
Chen Qingquan, chairman of the World Electric Vehicle Association, expected that the volume of new energy vehicles will reach 500,000 by 2015 in China and double to 1 million by 2020.
ygkim@yna.co.kr
(END)
