China To Extend Electric-Vehicle Subsidies Beyond 2015 Expiration Date

 

  The Chinese government announced Saturday that it will extend electric-car subsidies past the 2015 expiration date, Reuters reports.

  The current subsidies of up to 60,000 yuan (about $9,800) apply not only to pure battery-electric vehicles, but also to "near-electric" plug-in hybrids, and hydrogen cars. However, hybrids are not eligible.

BYD e6 electric taxi in service in Shenzhen, China

  These subsidies will be allowed to expire in 2015 as planned, but will be replaced with new incentives that will "preserve policy continuity," according to Reuters.

  Details of the new policy will be released later at an unspecified date.

  In the meantime, China will cut the current electric-car incentives by 5 percent this year, and 10 percent in 2015, Bloomberg Businessweek reports. Those cuts are smaller than originally anticipated.

  Maintaining subsidies will help China reach the goal of putting half a million "new-energy vehicles"--including battery electrics, plug-in hybrids, and hydrogen-fuel cell vehicles--on the road by 2015, and 5 million by 2020.

  An influx of greener vehicles would help solve one of China's major problems: air pollution.

  Last November, the World Health Organization (WHO) found Chinese outdoor air pollution causes lung cancer, and increases the risk of bladder cancer.

  Last year, China became the first nation to surpass 20 million new car sales, and while vehicles are far from the only sources of air pollution in the country--industry and coal-fired power plants are the main sources--there has been considerable public pressure to lower emissions.

  In addition to the "new-energy vehicle" subsidies, the Chinese government has also adopted stricter fuel-economy standards, and plans to work with the United States to draft stricter emissions laws.

  Despite the pollution problem and the existence of government incentives, Chinese consumers have not shown much enthusiasm for electric cars.

  Lack of technical expertise has also made it tough for local automakers to develop electric cars.

  Nonetheless, high-profile U.S. electric-car startup Tesla Motors is optimistic about the future prospects for electric cars in China. CEO Elon Musk believes China could become his company's biggest market.

  The Model S electric luxury sedan doesn't currently qualify for subsidies, but Tesla hopes that will change.

  The car is priced in China at 734,000 yuan (about $121,000)--compared to its U.S. base price of around $80,000--due to taxes and shipping costs.

0

想看更多 不感兴趣
重复、旧闻
内容质量差
确定
这5家跨国车企宣布加入油气运输巨头们的氢燃料联盟
雷诺日产电动汽车销量逾40万 欲追加投资
南京规定:网约车为3年以下新车 新能源车优先
国轩高科研发新型动力电池 纯电动客车零下四十度可运行
河南政协委员:解决拥堵可推“新能源汽车+分时租赁”
北京市充电设施公共平台一周年, 接入23家运营商6000余根充电桩
山西“十三五”综合能源发展规划发布,到2020年电动车产能达12万辆
车祸率下降了40%,特斯拉Autopilot无技术缺陷
大众e-Golf有望2018年国产 续航达300km
续航里程提升一倍,宁德时代300Wh/kg电池能量密度项目启动
科恒股份业绩扭亏为盈,锂电业务有望爆发
同步海外Passat GTE 插电版迈腾明年上市
超威携手美国通用电气 加鞭“黑马”钠盐电池
预计2020年智能汽车市场总规模将达7000亿元
特斯拉致死车祸有了调查结果:不是自动驾驶的错
阿李股份拟成立控股子公司宁德博拓动力电池 投资510万元
新景逸S50 2月18日上市 纯电动版今年10月将推出
20%车型恐难再进新能源推广目录 重审利空一季度
特斯拉超级工厂计划再投3.5亿美元 为Model 3生产电机
年产3亿安时动力电池项目拟落户广东清远
下一篇

[2014中国年度绿色汽车]专家评委 吴志新

绿色汽车,评选,吴志新



第三方登录
纯净阅读
意见反馈

反馈和建议 在线回复

第一电动网
Hello world!