President Xi Jinping’s administration,
. . . is implementing NEV production quotas,
. . . targeting a 7-fold increase in NEV sales and
. . . considering a ban on gas guzzlers,
. . . as China tries to clear the air in polluted cities, and
. . . cut its reliance, on imported oil.
Carmakers that can’t keep pace,
. . . may not be around for long, and
. . . that applies to the biggest state-owned companies,
. . . as well as smaller, regional manufacturers.
China is already the biggest electric-car market,
. . . it accounted for more than 1/2 of worldwide sales last year.
Sales of all vehicles grew at a monthly clip of more than
. . . 20% in 2016 and 2017, according to data from the
. . . China Passenger Car Association.
3-20-2018 Source: China: #NEV Production
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China: #NEV Production
Started by eds, Mar 20 2018 06:45 AM
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