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Ch-Auto Technology displays its full-electric sports car EVENT at the 16th Shanghai International Automobile Industry Exhibition, also known as Auto Shanghai 2015, in Shanghai, April 20, 2015.[Photo/IC] |
China will create a favorable environment to foster quicker growth in the new energy vehicle sector through intense government-led promotion, according to a guideline issued by the Ministry of Transport (MOT). The guideline set the target of 200,000 units of new energy buses and 100,000 new energy taxies and city logistics delivery vehicles by 2020 to encourage the production and purchase of new energy vehicles.
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