Mexican Media Brands
China to Ease EV Sales Targets
China’s central government has agreed to adjust its aggressive timetable for boosting sales of electrified vehicles—but has provided no details, Reuters reports.
#hybrid #regulations
Share
China’s central government has agreed to adjust its aggressive timetable for boosting sales of electrified vehicles—but has provided no details, Reuters reports.
The news service cites comments by Chinese Premier Li Keqiang that a “solution” had been reached after his meeting with German Chancellor Angela Merkel and auto industry executives.
Handelsblatt cites sources who say China has agreed to stretch out the sales timetable on condition that carmakers be required to make up for any initial shortfall.
Government planners proposed last September that carmakers be ordered to achieve a “new-energy vehicle” score of 8% by the end of 2018. The rating is to be calculated according to a weighted measure of each company’s production of electric and hybrid vehicles.
But carmakers say the schedule is too aggressive. The China Assn. of Automobile Manufacturers agrees estimates that the average rating for carmakers last year would have been 3%.
RELATED CONTENT
-
Aluminum Sheet for EV Battery Enclosure
As the number of electric vehicles (EVs) is about to increase almost exponentially, aluminum supplier Novelis is preparing to provide customers with protective solutions
-
Rivian Gets Even More Money, Now From Ford
The electrification of automotive is serious business. This week it was announced that Ford is making a $500-million equity investment in Rivian.
-
Pump It Up
The number of electric bicycles continues to proliferate, and one, for which a Kickstarter campaign is running until November 7, has a distinct difference from many others.