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New Energy Vehicle Industry Development Plan and 2020 New Energy Vehicle Promotion Subsidy Plan

legislation type Executive
Plan
Passed in 2020
The New Energy Vehicle Industry Development Plant aims at supporting the development of electric , plug-in hybrid electric and fuel cell vehicles in the country over the period 2021-2035. 

The 2020 New Energy Vehicle Promotion Subsidy Plan sets governmental support for the years 2020 to 2022 to accelerate the electrification of vehicles in the fields of public transport, urban public transport, road passenger transport, rental (including online car-hailing), environmental sanitation, urban logistics and distribution, postal express, civil aviation, airport, and party and government organs that meet the requirements of the public sector.

Documents

  • Target new car sales to reach 20% by 2025
    Transport | Target year: 2025
  • New energy vehicles to represent over 50 % of sales by 2035
    Transport | Fixed level target | Target year: 2035 | Base year: 2020
  • New energy vehicles to reach 20% of sales by 2025
    Transport | Fixed level target | Target year: 2025 | Base year: 2020
from the Grantham Research Institute
from the Grantham Research Institute
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