China plans to take lead in new-energy vehicles

0 CommentsPrint E-mail China Daily, April 8, 2011
Adjust font size:

China will launch a development plan in energy-saving and the new-energy vehicle industry to make the country a leader in the sector over the next 10 years, with government funding of 100 billion yuan ($15.28 billion).

A pure-electric car, developed by Shanghai Automotive Industry Corp Motor and displayed at the World Expo 2010 in Shanghai, is expected to be launched in October 2012. China is aiming for the top position in the global new-energy vehicle sector with sales volumes of 5 million units by 2020. [China Daily]

A pure-electric car, developed by Shanghai Automotive Industry Corp Motor and displayed at the World Expo 2010 in Shanghai, is expected to be launched in October 2012. China is aiming for the top position in the global new-energy vehicle sector with sales volumes of 5 million units by 2020. [China Daily]



The long-expected plan, jointly drafted by the Ministry of Industry and Information Technology (MIIT), the Ministry of Science and Technology, the Ministry of Finance, and the National Development and Reform Commission, has been submitted to the State Council for final approval, said Su Bo, vice-minister of the MIIT.

According to the draft plan, which has a specific focus on hybrid and pure-electric vehicles, China is aiming for the top position in the global new-energy vehicle sector with sales volumes of 5 million units by 2020, as the government plans to invest in core technologies to build a strong and competitive new-energy vehicle industry chain.

The draft plan also said that during the country's 12th Five-Year Plan (2011-2015), China aims to have a production capability of 1 million new-energy vehicles, with pure-electric and plug-in hybrid vehicles accounting for 50 percent.

Moreover, to promote the development of core technologies to ensure a sustainable future for the sector, the central government will establish as many as five businesses to produce batteries and electric motors by 2015.

A Bloomberg report, citing Wang Xiaoming, a research fellow at the Industrial Economics Research Department of the Development Research Center of the State Council, said the nation aims to lower the price of batteries used for electric vehicles to 2 yuan for each watt-hour by 2015 and 1.5 yuan a watt-hour by 2020 as part of a stimulus plan for the new-energy vehicle industry.

With the government's heavy investment plans, Chen Qingquan, chairman of the World Electric Vehicle Association, said he expects China will lead the electric-vehicle sector with an estimated 15 percent market share for hybrid and pure-electric vehicle sales in the world's biggest automobile market by 2020.

That compares with JPMorgan Chase & Co's estimate that electric vehicles will only account for 1 or 2 percent of global vehicle sales by then.

"The Chinese government's focus on pure-electric and plug-in hybrid vehicles is strategic and quite reasonable to make the nation's auto industry competitive in the global market, as Western countries have dominated the traditional auto technologies," said Gao Li, an auto analyst with Huachuang Securities.

"Moreover, China's competitive edge in batteries, electric motors, lithium and rare-earth resources can help the nation to become a leader in the electric-vehicle industry," Gao added.

As the production costs of electric vehicles largely depend on the battery, Gao said he believes that by 2012, China will have 100,000 new-energy vehicles, which will drive a battery industry worth 6 billion yuan.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 浪荡女天天不停挨cao日常视频 | 国产精品久久久久久久久齐齐 | 黑人巨大精品欧美一区二区免费| 日本精品高清一区二区2021| 四虎亚洲国产成人久久精品| v一区无码内射国产| 欧美综合色另类图片区| 国产欧美日韩综合| 久久久久久国产精品免费免费男同| 精品国产一区二区三区2021| 国产精品白浆无码流出| 久久精品免费一区二区三区| 精品国偷自产在线不卡短视频| 在线日本妇人成熟| 亚洲av乱码一区二区三区香蕉| 老汉色av影院| 国产日产欧产精品精品电影| 中文japanese在线播放| 正在播放国产夫妻| 国产午夜福利片在线观看| 一区二区三区四区国产| 极品唯美女同互摸互添| 国产91精品系列在线观看| 99久久人妻精品免费一区| 日韩一级片在线观看| 亚洲国产欧美国产综合一区| 色综合天天色综合| 国产欧美日产激情视频| 97久久精品人人做人人爽| 日韩中文字幕免费| 亚洲午夜国产精品无码| 老子午夜伦费影视在线观看 | 久久国产精品久久国产精品| 极品尤物一区二区三区| 亚洲区视频在线观看| 欧美日韩国产精品自在自线| 华人生活自拍区杏吧有你| 色噜噜狠狠一区二区三区果冻| 国产福利1000| 99久久99久久精品| 大香人蕉免费视频75|