Right Lane Cruiser
04-07-2009, 06:57 AM
http://www.cleanmpg.com/photos/data/2/Chinese_Flag.jpg Development of new energy will be established as an important strategy for China to address energy shortage and environmental woes. (http://autonews.gasgoo.com/auto-news/1009754/China-committed-to-new-energy-green-cars.html)
http://www.cleanmpg.com/photos/data/501/BYD_e6.JPGGeorge Gao - GasGoo (http://autonews.gasgoo.com) - Mar. 25, 2009
Is China the next Japan of the automotive world? --Ed.
Shanghai, March 25 (Gasgoo.com) The Chinese government supports eco-friendly new-energy cars in a series of new measures intended to boost the auto market demand. This year to date, China has announced a tax cut to 5% for cars with engines below 1.6 liters and subsidies for rural residents buying greener vehicles. The latest stimulus package involves a $1.5 billion research subsidy plan over the next three years for automakers to improve their electric-vehicle technology.
China wants to see 500,000 "new energy" vehicles produced this year, such as all-electric cars and plug-in hybrid vehicles. The plan aims to increase sales of such new-energy cars to account for about 5% of China's passenger vehicle sales. Chinese automakers are asked to narrow the gap with bigger foreign rivals and guarantee the industry's steady long-term growth by exploring the alternative-energy vehicle technology and market.
There are three types of new energy cars in China: hybrid, fuel-cell, and electric. The hybrid models are currently the most likely to be commercially successful in China as battery technology for electric cars still needs improvement. To be more energy-saving, a hybrid model should use more electricity and less gasoline, but this requires higher technology at higher costs.
Many automakers in China have announced their plans to make new-energy vehicles while BYD Auto and Chery Auto have launched their electric (hybrid) cars. In addition, global auto giants such as General Motors and Volkswagen AG are also jumping on the new-energy bandwagon in China to seek sustainable growth in the world's second largest auto market.
BYD began selling its F3DM hybrid electric car on December 15, 2008 in the domestic market. China's first mass-produced electric hybrid vehicle, the F3DM model is equipped with the world's first dual hybrid power system to switch between EV and HEV modes. It is capable of... http://autonews.gasgoo.com/auto-news/1009754/China-committed-to-new-energy-green-cars.html
http://www.cleanmpg.com/photos/data/501/BYD_e6.JPGGeorge Gao - GasGoo (http://autonews.gasgoo.com) - Mar. 25, 2009
Is China the next Japan of the automotive world? --Ed.
Shanghai, March 25 (Gasgoo.com) The Chinese government supports eco-friendly new-energy cars in a series of new measures intended to boost the auto market demand. This year to date, China has announced a tax cut to 5% for cars with engines below 1.6 liters and subsidies for rural residents buying greener vehicles. The latest stimulus package involves a $1.5 billion research subsidy plan over the next three years for automakers to improve their electric-vehicle technology.
China wants to see 500,000 "new energy" vehicles produced this year, such as all-electric cars and plug-in hybrid vehicles. The plan aims to increase sales of such new-energy cars to account for about 5% of China's passenger vehicle sales. Chinese automakers are asked to narrow the gap with bigger foreign rivals and guarantee the industry's steady long-term growth by exploring the alternative-energy vehicle technology and market.
There are three types of new energy cars in China: hybrid, fuel-cell, and electric. The hybrid models are currently the most likely to be commercially successful in China as battery technology for electric cars still needs improvement. To be more energy-saving, a hybrid model should use more electricity and less gasoline, but this requires higher technology at higher costs.
Many automakers in China have announced their plans to make new-energy vehicles while BYD Auto and Chery Auto have launched their electric (hybrid) cars. In addition, global auto giants such as General Motors and Volkswagen AG are also jumping on the new-energy bandwagon in China to seek sustainable growth in the world's second largest auto market.
BYD began selling its F3DM hybrid electric car on December 15, 2008 in the domestic market. China's first mass-produced electric hybrid vehicle, the F3DM model is equipped with the world's first dual hybrid power system to switch between EV and HEV modes. It is capable of... http://autonews.gasgoo.com/auto-news/1009754/China-committed-to-new-energy-green-cars.html