Bus Builders Benefit from Chinese New Energy Bus Development Policy
2013-04-08 Source:www.chinabuses.org
Summarize:Miao Wei, Minister of Industry and Information Technology (MIIT) said that MIIT would provide more subsidies to the vehicle makers whose vehicles have better energy conservation and emission reduction effect. Some experts pointed that, the government now firmly encourages developing the new energy vehicles in China, which means that the related resources will be concentrated on the superior bus enterprises. As one of the leading bus builders in China, Yutong Bus will benefit a lot from the government's policy.
www.chinabuses.org: Miao Wei, Minister of Industry and Information Technology (MIIT) said that MIIT would provide more subsidies to the vehicle makers whose vehicles have better energy conservation and emission reduction effect. Some experts pointed that, the government now firmly encourages developing the new energy vehicles in China, which means that the related resources will be concentrated on the superior bus enterprises. As one of the leading bus builders in China, Yutong Bus will benefit a lot from the government's policy.
According to the industry statistics from www.chinabuses.com, it is shown that in Jan. -Dec. 2012, the sales volumes of the new energy buses (including hybrid buses) increased from 2,044 units to 6,614 units. From the monthly sales, in Feb. & March, the sales of the new energy buses & coaches are all over 600 units. The large & medium new energy buses & coaches are still the main forces to make the new energy vehicles commercialization.
Yutong new energy bus
Yutong new energy bus sales volumes in 2012 were 1,840 units, which was in No. 1 in the China new energy bus industry with the 27.8 percent market share. Yutong new energy bus products cover 10m-18m long hybrid new energy city buses and 10m-14m long pure electric city buses. And now, 47 new energy Yutong buses have been in the government Announcement.
In early July 2011, Yutong invested RMB 2.4 billion and constructed in the new energy vehicles production base, which was the biggest base on new energy bus production base at that time with its 10,000 sets of annual production capacity. At present, the investment has been added to RMB 3.86 billion with the 30,000 sets of annual production capacity.
As the leading new energy bus builder, Yutong Bus is looking forward to the the new policy releasing and getting more resource from the policy on the new energy vehicle development.
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