China rolls out aggressive EV quotas for 2019
Government orders car-makers to increase share of ultra-low emission vehicles to 10 per cent by 2019 or face finesChina has once again proved it's serious about improving air quality and reducing CO2 emissions after introducing new laws that effectively introduce strict quotas that force car-makers to increase the share of 'New Energy Vehicles', like pure-electric cars, or face big fines.
The quotas, that include foreign producers like the Volkswagen Group, apply to car manufacturers that make or import more than 30,000 vehicles, and declare that zero- and ultra-low emission vehicles must make up 10 per cent of all sales starting in 2019, rising to 12 per cent in 2020.
Originally, the rules that work on a system of credits were supposed to be introduced in 2018 but were delayed after lobbying by Chinese car-makers who declared the quotas "overly ambitious".
As well as reducing emissions, China forcing car-makers to sell more pure-electric vehicles will help it reduce its oil dependence, which currently must support more than 200 million vehicles.
China's appetite for pure-electric and ultra-low emission cars, particularly, seems to know no bounds. In the first seven months of this year local car-maker BYD delivered 46,855 electric and hybrids cars while Beijing-based BAIC Motor sold 36,084 cars.
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