20 January 2019

Regions unveil plans to promote new energy vehicles, paper says

Most provincial governments have unveiled their plans this year to promote alternative energy vehicles as part of efforts to reduce air pollution, the China Securities Journal reported Wednesday. Twelve of the 31 provinces and regions have listed the new energy vehicle industry among the top sectors for expansion this year, according to the newspaper. Beijing, for example, will grant subsidies to encourage the use of such vehicles, while Shaanxi will host a project funded by Hyundai Motor Co. and Samsung SDI to produce electric battery for vehicles, the report said.

– Contact HKEJ at [email protected]



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