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China's new energy roadmap to 2020

11-22-2010 13:39 BJT

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China's setting down the gauntlet for going green on the roads. It's aiming for annual sales of 1 million units of new-energy cars, by 2015. Under the country's latest plan for the auto industry, to be rolled out at the end of 2010, new energy vehicles will be the top priority. CCTV reporter Yin Hang discovers how domestic and foreign auto-makers are rising to the challenge.

The spotlight is beaming down, on China's new-energy car sector.

The world's largest auto market is set to promote the use of 20,000 new energy vehicles for public transport, by the end of this year. And by 2015, China aims to sell over 1 million new energy vehicles a year. And the target is pitched at 100 million by 2020.

China's setting down the gauntlet for going green on the roads. It's aiming for
annual sales of 1 million units of new-energy cars, by 2015.

As of October this year, the country had earmarked 970 million yuan to subsidize new energy vehicles.

And domestic and foreign auto-makers are already rising to the challenge.

Xavier Peugeot, global director of Marketing & Communications, Peugeot

Xavier Peugeot, global director of Marketing & Communications, Peugeot, said, "We also want to demonstrate that electric cars can be seen in a different way, connected to performance...and I would say high performance."

Current affairs commentator: Bottlenecks facing hybrid car production

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For more on hybrid cars, we are joined by our current affairs commentator Gregory Yingnian Tsang.

Q1. What benefit will these cars bring? Do you think the government subsidy policies are effectively boosting the hybrid car industry?



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