China's EV output rises fivefold in first 10 month
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Posted On: 02/04/2015 6:03:21 AM
China's EV output rises fivefold in first 10 months
Automotive News China | 2014/11/11
Automakers in China produced 47,000 electric vehicles and plug-in hybrids in the first 10 months, nearly five times the output in the same period last year, reflecting government subsidies.
Approximately 22,200 electric passenger vehicles were produced during the period, a sevenfold increase. Plug-in hybrid passenger vehicle output totaled 11,100 units, 20 times the number a year earlier.
Automakers also built four fuel-cell powered passenger vehicles, according to the Ministry of Industry and Information Technology, which regulates China's auto industry. No fuel-cell vehicles were built in the same period last year.
Production of electric commercial vehicles jumped 133 percent to 5,723 units, while output of plug-in hybrid commercial vehicles rose 181 percent to 7,972 units.
While production is up sharply, the China's auto industry remains well short of production and sales goals announced by the central government. Beijing wants to have 5 million EVs and plug-ins on the road by 2020.
In China, only pure electric vehicles, plug-in hybrids and fuel cell vehicles qualify for government subsidies. Conventional hybrids do not.
Automotive News China | 2014/11/11
Automakers in China produced 47,000 electric vehicles and plug-in hybrids in the first 10 months, nearly five times the output in the same period last year, reflecting government subsidies.
Approximately 22,200 electric passenger vehicles were produced during the period, a sevenfold increase. Plug-in hybrid passenger vehicle output totaled 11,100 units, 20 times the number a year earlier.
Automakers also built four fuel-cell powered passenger vehicles, according to the Ministry of Industry and Information Technology, which regulates China's auto industry. No fuel-cell vehicles were built in the same period last year.
Production of electric commercial vehicles jumped 133 percent to 5,723 units, while output of plug-in hybrid commercial vehicles rose 181 percent to 7,972 units.
While production is up sharply, the China's auto industry remains well short of production and sales goals announced by the central government. Beijing wants to have 5 million EVs and plug-ins on the road by 2020.
In China, only pure electric vehicles, plug-in hybrids and fuel cell vehicles qualify for government subsidies. Conventional hybrids do not.
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