Economic Watch: China expands regulations on green cars

2 Oct 2017   China

China will impose tough regulations from April 2018 on passenger car makers and importers to reduce energy consumption and expand sales of new energy vehicles (NEVs). Automakers and importers will be evaluated each year for both fuel consumption of traditional cars and the output of NEVs. They will be given two separate scores, according to the Ministry of Industry and Information Technology (MIIT). If they fail to amass enough credits for either traditional vehicles or NEVs, they may face penalties and their products may not be allowed on the road. HOW DOES THE SCORING WORK? To gain a positive NEV score, car manufacturers must make enough new-energy cars to accumulate credits higher than 10 percent of their traditional vehicle output by 2019. The proportion will be 12 percent in 2020. Any company making more than 30,000 traditional cars in a year will need to […]

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