Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • India vs Australia
Trending Donald Trump Narendra Modi Elon Musk United States Joe Biden

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Trump in Asia
  • Shreyas Iyer injury
  • Louvre heist
  • Hurricane Melissa
  • Nuclear-powered Russian missile
  • Justin Trudeau dating Katy Perry
fp-logo
China sets 2019 as the deadline for imposing tough sales targets for electric plug-in and hybrids vehicles
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit

China sets 2019 as the deadline for imposing tough sales targets for electric plug-in and hybrids vehicles

Reuters • September 28, 2017, 16:17:20 IST
Whatsapp Facebook Twitter

China has slightly relaxed the earlier plan to launch the rules from next year that had left global automakers worried about being able to comply.

Advertisement
Subscribe Join Us
Choose
Firstpost on Google
Choose
Firstpost on Google
China sets 2019 as the deadline for imposing tough sales targets for electric plug-in and hybrids vehicles

**China** has set a deadline of 2019 to impose tough new sales targets for electric plug-in and hybrids vehicles, slightly relaxing an earlier plan to launch the rules from next year that had left global automakers worried about being able to comply. [caption id=“attachment_4020685” align=“alignleft” width=“380”]A hybrid electric car plugged in for charging A hybrid electric car plugged in for charging[/caption] Car makers will need so called new-energy vehicles ( **NEVs** ) to hit a threshold equivalent to 10 percent of annual sales by 2019, China’s industry ministry said in a statement on Thursday. That level would rise to 12 percent for 2020. The targets, announced by the Ministry of Industry and Information Technology (MIIT), remove an explicit 8 percent quota for 2018, but otherwise match previously announced plans. The quotas are a key part of a drive by China, the world’s largest auto market, to develop its own NEV market, with a long-term aim to ban the production and sale of cars that use traditional fuels announced earlier this month. However, global **automotive** manufacturers wrote to Chinese authorities in June, urging a softening of the proposals for all-electric battery vehicles and electric plug-in hybrids. Under the rules, car makers will receive credits for new-energy vehicles that can be transferred or traded. These credits will be used to calculate if firms have met the quotas. “We welcome the Chinese auto industry’s shift towards greater adoption of NEVs and will comply with relevant regulations presented by authorities,” **Ford Motor Co** said in a statement responding to the announcement. General Motors Co said it would “strive to comply with the NEV mandatory requirements”, though it added “continued joint efforts by the government and companies are essential to build broad-based consumer acceptance for NEVs”. “GM has sufficient capacity to manufacture NEVs in China,” it said in a statement. Japan’s **Honda Motor Co** Ltd said it planned to launch an electric battery car in China next year and would “try to expand our lineup of new energy vehicles” to meet the quotas. China is keen to combat air pollution and close a competitive gap between its newer domestic automakers and global rivals. It wants to set goals for electric and plug-in hybrid cars to make up at least a fifth of Chinese auto sales by 2025. Reuters reported in August that China would delay the implementation of the NEV quotas until 2019, giving global automakers more time to prepare.

Tags
China automakers Ford Motor Honda Motor NEVS new energy vehicles
  • Home
  • Tech
  • News & Analysis
  • China sets 2019 as the deadline for imposing tough sales targets for electric plug-in and hybrids vehicles
End of Article
Latest News
Find us on YouTube
Subscribe
  • Home
  • Tech
  • News & Analysis
  • China sets 2019 as the deadline for imposing tough sales targets for electric plug-in and hybrids vehicles
End of Article

Top Stories

‘I’d love to do it’: Trump refuses to rule out third term — despite constitutional limit

‘I’d love to do it’: Trump refuses to rule out third term — despite constitutional limit

What is the ‘Golden Fleet’ of navy ships that Trump wants to counter China with?

What is the ‘Golden Fleet’ of navy ships that Trump wants to counter China with?

‘Ramayan country’: Why Trinidad and Tobago wants to build a large Ram temple

‘Ramayan country’: Why Trinidad and Tobago wants to build a large Ram temple

How China's rare earths choke changed America's trade deals

How China's rare earths choke changed America's trade deals

‘I’d love to do it’: Trump refuses to rule out third term — despite constitutional limit

‘I’d love to do it’: Trump refuses to rule out third term — despite constitutional limit

What is the ‘Golden Fleet’ of navy ships that Trump wants to counter China with?

What is the ‘Golden Fleet’ of navy ships that Trump wants to counter China with?

‘Ramayan country’: Why Trinidad and Tobago wants to build a large Ram temple

‘Ramayan country’: Why Trinidad and Tobago wants to build a large Ram temple

How China's rare earths choke changed America's trade deals

How China's rare earths choke changed America's trade deals

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Enjoying the news?

Get the latest stories delivered straight to your inbox.

Subscribe
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV