EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use
Green Car Congress
MAY 13, 2014
Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. The government plans to invest an estimated $15 billion in alternative-fuel vehicles during the next 10 years. China vehicle sales and gasoline consumption. million) to support NEV manufacturing.
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