Friday, January 14, 2011

Beijing auto exec: China to line up 10 million EV parking spots

The Chinese government is reportedly looking to prepare at least 10 million parking spots for electric vehicles by 2020 under terms of a comprehensive new policy due to be announced soon, according to sources cited by Reuters.

"The government is working on a plan -- and I think it will be announced very, very soon -- basically calling for having, in 10 years, electric car parks of 10 million (units) or above," said Wang Dazong, president of Beijing Automotive Industry Holding Co (BAIC), at an industry conference concurrent to the recent Detroit auto show.

Consumers can now get incentives worth 120,000 yuan ($18,170) to purchase an electric car in 10 to 20 cities, Wang added. Another industry executive said Beijing is expected to focus its efforts most on pure electric vehicles, as opposed to gasoline-electric hybrids or hydrogen fuel-cell vehicles.

China's Minister of Science and Technology was quoted by state-owned Xinhua news agency in October as saying the country's production of electric vehicles could reach 1 million units by 2020, when many expect a total new-vehicle market of 40 million.

1 comment:

  1. China is now advancing for modern vehicles like the electric cars. They continue competing now for modern technologies and hi-tech facilities that serves people of China.

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