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Position:news > buses > Three Years more for Promoting “Ten Cities, Thousand New Energy Vehicles”

Three Years more for Promoting “Ten Cities, Thousand New Energy Vehicles”

2013-04-11    Source:www.chinabuses.org
Summarize:On April 9th, China Vehicle Fuel Forum was held in Beijing, which was sponsorred by China Automotive Energy Research Center and supported by General Motors.

www.chinabuses.org: On April 9th, China Vehicle Fuel Forum was held in Beijing, which was sponsorred by China Automotive Energy Research Center and supported by General Motors.


Professor OuYang MingGao, working in Automotive Engineering Department of Tsinghai University said that the new energy vehicles demonstration and promotion works of the “Ten Cities, Thousand New Energy Vehicles” will continue to implement in another three years. Before 2015, the promotion works of new energy vehicles will fully be implemented.


CHINA'S 12th Five-Year Plan (5YP) specifically identifies "new-energy vehicles" as one of seven priority areas for development. This is expected to increase investment and business opportunities in this sub-sector over the next five years, even as the auto sector as a whole sees slower growth rates and possible overcapacity.


The Ministry of Science and Technology is leading the planning of electric vehicle adoption during the 5YP. The 5YP aims to have 1 million electric vehicles on the road by 2015 and 10 million by 2020.

 

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