Mexican Media Brands
China Unveils Tougher Fuel Economy Standards
China has announced new fuel economy standards for passenger vehicles that would require them to boost average efficiency about 36% by 2020, Reuters reports.
#economics #regulations
Share
China has announced new fuel economy standards for passenger vehicles that would require them to boost average efficiency about 36% by 2020, Reuters reports.
Analysts say the rules, which were jointly issued by five government agencies, will help reduce the country's urban air pollution. But developing technologies to meet the standards also will create a big financial challenge for China's dozens of small-volume domestic brands.
Current new-car fuel economy levels are not immediately available. But LMC Automotive tells Reuters the average in 2009 was 7.8 liters per 100 km (30 mpg). The new regulations will require an improvement to 6.9 liters/100 km (34 mpg) by 2015 and 5.0 liters/100 km (47 mpg) by 2020.
China's fuel economy standards, which began in 2004, have always established targets according to vehicle weight. Current standards have 16 categories for cars, SUVs and MPVs covering weights from 1,500 lbs to about 5,500 lbs.
RELATED CONTENT
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.
-
China and U.S. OEMs
When Ford announced its 3rd quarter earning on October 24, the official announcement said, in part, “Company revenue was up 3 percent year over year, with net income and company adjusted EBIT both down year over year, primarily driven by continued challenges in China.” The previous day, perhaps as a preemptive move to answer the question “If things are going poorly in China, what are you doing about it?, Ford announced that it was establishing Ford China as a stand-alone business unit.