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Posted on September 03, 2014

Production of electric, hybrid vehicles surged by 280 percent in China

The latest news from China is that production of electric and hybrid vehicles surged by 280 percent year on year in the first seven months, mainly due to Chinese government incentives.
 
Total production in the January-July period stood at 25,946 units, the Ministry of Industry and Information Technology said Sunday in a statement.
 
Xinhuanet News reported that output of pure electric passenger cars in the same period soared nearly 700 percent from a year earlier to 13,829 units and that plug-in hybrid passenger cars climbed about 10 times to 5,027 units.
 
Pure electric and plug-in hybrid commercial vehicles were up by 46 percent and 60 percent, respectively, the statement said.
 
China has rolled out a raft of measures to promote the use of new energy vehicles in its bid to save energy and combat pollution, including tax exemptions, subsidies for car purchases and requirement for government organs to buy more new energy cars.
 
In July, the government announced that new energy cars will be exempted from a 10-percent purchase tax starting from Sept. 1, 2014 to the end of 2017.
 
Top image: Alt Healthworks
 
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