China may unveil new-energy vehicle plan by Oct

George Gao From Gasgoo.com

Shanghai, July 13 (Gasgoo.com) The Chinese government is drawing up a new-energy vehicle develpment plan, which is likely to be unveiled in September or October, Xinhua News reported today, citing an industry official.

To depend less on gasoline, it is necessary for China to develop energy-efficient and new-energy vehicles, Dong Yang, secretary general of the China Association of Automobile Manufacturers, said at an auto market development forum on yesterday.

The association calls for more government incentives for the research and development (R&D) of new-energy vehicles. China still relies on imports of key raw materials and certain manufacturing equipment to produce new-energy vehicles.

The government should support hybrid, fuel-cell vehicles, as well as all-electric and plug-in hybrid vehicles. In addition, it is also important for China to improve fuel efficiency of traditional vehicles, the association said.

On June 1, China announced a pilot program to subsidize private buyers of new-energy cars in five cities (Shanghai, Changchun, Shenzhen, Hangzhou and Hefei), and also issued a policy to promote energy-saving cars.

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