The Chinese government’s aggressive push to increase sales of electric and hybrid vehicles, collectively termed new-energy vehicles in China’s 12th five year plan, have begun to show signs of success. The Chinese government has, since 2001, prioritized the development of the electric vehicle industry and, alongside the sky rocketing coal imports of recent years, have introduced a broad series of tax incentives and policies which favor new-energy vehicle manufacturers. A recent survey conducted by the China Association of Automobile Manufacturers showed that 8,159 hybrid and electric cars were sold nationwide in 2011, taking the total of new energy vehicles on Chinese roads to 10,000.

Source: Article in Xinhua

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