28 Oct '16, 7pm

China Considering Supporting Hybrid Vehicles, Not Depending on Plug-ins

China Considering Supporting Hybrid Vehicles, Not Depending on Plug-ins

China may be ready to support hybrid vehicles, instead of counting on plug-ins, as the pathway to reduce tailpipe emissions and dependence on imported oil. The Chinese government wants one in four vehicles to be traditional hybrids that run on both gasoline and electricity by 2030. Bloomberg reported that statement comes from a transcript of comments made Wednesday by Ouyang Minggao, who leads a group China’s auto industry regulator commissioned to set targets for clean, energy-saving vehicles. If adopted, China would change course on its move away from hybrids and towards generous incentives to manufacture and purchase plug-in electrified vehicles. That policy change is expected to be a big boost for Toyota and suppliers like Hunan Corun New Energy Co. Hybrid sales should account for eight percent of total passenger vehicle sales by 2020 and rise to 20 percent by 2025, be...

Full article: http://www.hybridcars.com/china-considering-supporting-hy...

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