Electric cars to get a lift up from new policy measures

Beijing - Chinese automakers are set to benefit from a much-awaited government stimulus plan that encourages production of fuel-efficient vehicles, said industry sources.

The green auto plan, currently awaiting government approval, is expected by industry players to be unveiled in the next couple of months.

According to the plan, electric cars that qualify for subsidies are those that have received government's production license and are assembled in China, regardless of whether made by domestic or joint-venture firms.