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ECONOMY
THIS WEEK> THIS WEEK NO. 17, 2012> ECONOMY
UPDATED: April 20, 2012 NO. 17 APRIL 26, 2012
Boosting Green Cars
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The State Council said on April 18 that the country will move faster to develop its energysaving and new-energy vehicle industry to ease pressure on resources and the environment.

Prioritizing pure electricity-driven vehicles will be the major strategic route for China to transform the automobile industry. And the current focus is to promote the industrialization of pure electric cars and plug in hybrid electric vehicles.

China's accumulative output of pure electric and plug-in hybrid electric vehicles is expected to be 500,000 by 2015 and 5 million by 2020.

The country will try to lower average fuel consumption of automobiles produced in 2015 to 0.069 liters per km and those produced in 2020 will see average consumption drop to 0.05 liters per km.



 
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