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China new energy vehicle output swells in January

BEIJING – China’s production of new energy vehicles surged by 144percent year on year inJanuary to 16,100units, the Ministry of Industry and Information Technology said on 11 February 2016ch.

The output of pure electric passenger vehicles tripled from the same period last year,reaching 7,952 units in January, the ministry said in a statement.

Plug-in hybrid passenger vehicles reached at 2,422 units, with an increase of 80 percent yearon year.

Plug-in hybrid commercial vehicles saw a mild drop in output by 4 percent, standing at 834units.

Official data showed that 97 percent of new energy vehicles produced in January wouldbenefit from favorable taxation policies.

China has rolled out measures to promote new energy vehicles in a bid to save energy andcombat pollution, including tax exemptions, subsidies for car purchases and a requirement forgovernment departments to buy more new energy cars.

Source: China Daily

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