BEJING, Aug. 20 (Xinhua) -- China's new energy vehicle industry is expected to embrace rapid development with more favorable policies to be released soon, according to the National Development and Reform Commission (NDRC), China's top economic planner, quoted by the Economic Information Daily on Monday.
At present, public opinions on the new management regulations for investment in automobile industry have been collected and the new regulations will be released soon after improvement based on the public opinions, said the NDRC.
It is reported that the new regulations will be unfriendly to the fuel vehicle industry. In the future, new independent fuel vehicle projects will be banned in China and the existing auto enterprises which want to expand their fuel vehicle production capacity must meet strict conditions, such as auto capacity utilization rates and the proportion of new energy vehicles production both exceeding the industry average in the previous two years.
Meanwhile, the threshold for access to the new energy vehicles will be raised. The newly-built independent pure electric vehicle enterprises must have the ability to develop such vehicles sustainably. The production capacity of pure electric passenger vehicles should be no less than 100,000 units and that of the pure electric commercial vehicles should be no less than 5,000 units.
Many experts and industry insiders said that the new regulations will greatly promote the development of the new energy vehicle market in the future, and enhance the quality of the new energy vehicles. (Edited by Li Wenxin, hupingchao@xinhua.org)
A single purchase
