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China mulling options to reduce EV quotas

China is considering lowering the quotas designed to boost electric vehicle (EV) production. This is due to a pushback by the country's car industry over the scale and pace of the government's EV promotion plans, writes China Automotive Daily.
The original plan, proposed last September, mandated that by 2018, the sales of each car maker should consist of at least 8% of EVs and PHEVs, and that this share should increase to 10% by 2019 and 12% by 2020. 
The Chinese car industry had criticised those targets as too strict. Last year, EVs and plug-in hybrids (PHEVs) accounted for just 1.8% of sales in China. 
Sources close to the government said it was considering two options to loosen the quota: pushing back the requirements by one year, meaning the initial 8% target would only need to be reached by 2019; or reducing the quota requirements by 2 percentage points, lowering the 2018 target to 6%.
Image: China Traffic Police, CC BY 2.0
14/03/2017  |  Frank Jacobs

TAGS : China 

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