Mexican Media Brands
China Collects $333 Million from Green-Vehicle Cheaters
China says it has collected 2.3 billion yuan ($333 million) in fines from domestic manufacturers that cheated on a government incentive program to promote the sale of electric and plug-in hybrid vehicles.
#regulations #hybrid
Share
China says it has collected 2.3 billion yuan ($333 million) in fines from domestic manufacturers that cheated on a government incentive program to promote the sale of electric and plug-in hybrid vehicles.
Finance Minister Xiao Jie tells reporters that the penalties resulted from a lengthy investigation last year. The probe of 90 “new energy” vehicle producers found some producers, mainly busmakers, had falsified production and sales data about “green” vehicles. Others collected subsidies for vehicles that failed to meet required technical standards.
The subsidy program was intended to help improve air quality in China’s largest cities. Investigators eventually cited dozens of manufacturers for cheating to receive payments.
RELATED CONTENT
-
California Moves Closer to Driverless Taxi Services
California’s public utilities commission has proposed regulations that would allow services to use driverless shuttles to pick up and deliver passengers.
-
U.S. in No Hurry to Regulate Autonomous Vehicles
The National Highway Traffic Safety Administration says the emerging technology involved in self-driving cars is too new to be tightly regulated.
-
Toyota Targets 2021 Launch for V2V Tech in U.S.
Toyota Motor Corp. plans to expand its vehicle-to-vehicle communication technology to the U.S. by 2021 and offer it across most Toyota and Lexus models in the country by mid-decade.