Battered by pollution and seeking to cut back on fossil fuel consumption, China is moving into the new energy car business dramatically, with a wave of new policies including lifting purchase restrictions through the usual lottery systems in place in some major cities and removing traffic controls while retaining curbs on fossil fuel-powered ones to stimulate EV sales as well as accelerating construction of electric charging infrastructure.
China Picks Up the Pace on Electric Cars
China Picks Up the Pace on Electric Cars
China Picks Up the Pace on Electric Cars
Battered by pollution and seeking to cut back on fossil fuel consumption, China is moving into the new energy car business dramatically, with a wave of new policies including lifting purchase restrictions through the usual lottery systems in place in some major cities and removing traffic controls while retaining curbs on fossil fuel-powered ones to stimulate EV sales as well as accelerating construction of electric charging infrastructure.