Caixin
Feb 06, 2023 07:29 PM
BUSINESS

China Launches Pilot to Make Most ‘Public’ Vehicles NEVs

What’s new: China has launched a pilot program with the goal of making new-energy vehicles (NEVs) account for 80% of “public” vehicles in select cities by 2025.

Under the program, provincial authorities will choose several cities that will receive subsidies to participate, according to a document published Friday by eight central government departments.

The selected cities should promote cutting-edge technologies such as automatic power charging and build more new-energy infrastructure to help them replace older fossil fuel vehicles with NEVs, the document said.

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