Policy shift will jolt new-energy vehicle market
By Li Fusheng | China Daily USA | Updated: 2014-07-15 06:57
China is increasing the number of new-energy vehicles in government and public institutions' fleets in order to boost their widespread use.
These cars should account for at least 10 percent of all newly purchased ones in 2014, 20 percent in 2015 and 30 percent in 2016, according to a plan the National Government Offices Administration published on its website on Sunday.
The plan says the percentage will grow each year later. It sets a higher ratio - 15 percent for this year - for the Beijing-Tianjin-Hebei region, and Yangtze River Delta and Pearl River Delta regions to alleviate air pollution.
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