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China May Delay EV Sales Quotas
China’s central government is likely to finalize sales targets for electric cars within days, but it also appears likely to delay its original timetable.
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China’s central government is likely to finalize sales targets for electric cars within days, but it also appears likely to delay its original timetable, industry sources tell Reuters.
China initially proposed requiring that 8% of a carmaker’s sales in the country next year be all-electric or hybrid powered vehicles. The ratio would rise to 10% in 2019 and 12% in 2020.
Now, according to Reuters’ sources, China is preparing to announce quotas for 2018, but it won’t enforce them until 2019. Carmakers have protested that the proposed timetable is unrealistic and could drastically disrupt car sales in the country over the next few years.
The government has completed a public comment period for the measure. The rule will then be reviewed a final time by three regulatory agencies: the Ministry of Commerce, National Development and Reform Commission, and General Administration of Quality Supervision, Inspection and Quarantine.
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