More Facilities for Electric Vehicles in China
2010-03-04 Source：www.chinabuses.org
www.chinabuses.org: According to the Chinese central government's long-term plan, the quantity of electric vehicle in China needs to have 30 percent growth by the year of 2015. The development of Electric vehicle is an important and efficient way to better protect the environment and lower the carbon emission. In order to positive response of government's good policy, Chinese oil refiner companies start to work for this business.
Sinopec Group, a state-owned oil refiner enterprise, has already started to work with the Beijing municipal government to develop electric charging stations. Sinopec sets up a joint venture with a Beijing-based technology company for the charging stations. The registered capital of new joint venture company reaches 50 million yuan. Some Sinopec's existing gas stations in Beijing will be upgraded. The company will equip some electric charging facilities in the gas station. According to the short-term plans, these electric charging stations will be extended to other regions and cities, such as Tianjin, Hebei province etc.
Domestic auto experts say charging station for electric vehicles is the new business opportunity for oil companies and it will be the very promising business in future.
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