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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. Experts urged greater efforts on China’s part to boost development of the new energy vehicle industry.

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

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To counter this trend triggered by China’s rapid motorization, the Chinese government is adopting a broad range of policies, including improvements in the fuel economy of new vehicles and the promotion of alternative-fuel vehicles, EIA notes. l/100 km) by 2015 and 47 miles per gallon (5.0 Source: EIA. Click to enlarge.