Posted on Sep 29, 2017 in
Industry News |
Comments Off on China Moves Forward with Electric Cars
China has announced its plan to require auto manufacturers to sell more alternative-fuel vehicles in the country. Companies that manufacture or import more than 30,000 vehicles a year will be required to obtain credits for “new energy vehicles” (including battery electric cars, plug-in hybrids, and hydrogen fuel-cell vehicles) that amount to 10% of annual sales by 2019. In 2020, that...