As U.S. Debates Ending Electric Car Tax Credit, China Aims to Expand Sales
- 7 years ago
As U.S. Debates Ending Electric Car Tax Credit, China Aims to Expand Sales
But Mr. Heizmann said on Thursday that even if China had not issued the regulations, its stringent fuel economy targets for 2020
could not be met without selling a lot of electric cars or halting the sale of all but the smallest gasoline-powered cars.
“The portion of new energy vehicles will develop quicker in China.”
The push toward electric vehicles in China has spurred creation of a slew of start-ups in many provinces here,
and nearly all Chinese automakers are focused on marketing electric cars, with plans to introduce dozens at the Guangzhou show.
Volkswagen announced on Thursday that it planned to introduce to the Chinese market 25 models of electric cars between 2020
and 2025, in addition to the 15 electric models it already had planned to bring to the country by 2020.
With China making plans to eventually ban conventional gasoline-
and diesel-powered cars, “the pace is quicker in China than in other areas of the world,” Mr. Heizmann said.
China issued strict regulations in September requiring automakers to sell large numbers of electric
cars or plug-in hybrids in 2019 if they want to keep selling gasoline-powered cars.
But a majority of the 25 additional electric car models will be created from the ground up as electric cars, he said, an approach
that allows engineers to make very different design decisions to maximize energy efficiency and passenger comfort.
But Mr. Heizmann said on Thursday that even if China had not issued the regulations, its stringent fuel economy targets for 2020
could not be met without selling a lot of electric cars or halting the sale of all but the smallest gasoline-powered cars.
“The portion of new energy vehicles will develop quicker in China.”
The push toward electric vehicles in China has spurred creation of a slew of start-ups in many provinces here,
and nearly all Chinese automakers are focused on marketing electric cars, with plans to introduce dozens at the Guangzhou show.
Volkswagen announced on Thursday that it planned to introduce to the Chinese market 25 models of electric cars between 2020
and 2025, in addition to the 15 electric models it already had planned to bring to the country by 2020.
With China making plans to eventually ban conventional gasoline-
and diesel-powered cars, “the pace is quicker in China than in other areas of the world,” Mr. Heizmann said.
China issued strict regulations in September requiring automakers to sell large numbers of electric
cars or plug-in hybrids in 2019 if they want to keep selling gasoline-powered cars.
But a majority of the 25 additional electric car models will be created from the ground up as electric cars, he said, an approach
that allows engineers to make very different design decisions to maximize energy efficiency and passenger comfort.