Elec­tric Ve­hi­cles, New Op­por­tu­ni­ties

Ori­en­tal Out­look Septem­ber 28

Beijing Review - - This Week People & Points -

On Septem­ber 9, the Min­istry of In­dus­try and In­for­ma­tion Tech­nol­ogy an­nounced that China has been pre­par­ing to set a dead­line for au­tomak­ers to stop pro­duc­ing cars driven by gaso­line or diesel en­gines. China will be­come the sev­enth coun­try, fol­low­ing France, the Nether­lands, Ger­many, Nor­way, the United King­dom and In­dia, to pro­pose a ban on pro­duc­tion and sale of such ve­hi­cles.

In the mean­while, China is step­ping up to pro­mote the devel­op­ment of new en­ergy ve­hi­cles (NEVs), with elec­tric ve­hi­cles as key.

Since the Chi­nese Gov­ern­ment came up with a strat­egy to de­velop NEVs in 2009, the na­tion has made great ef­forts to sup­port its elec­tric ve­hi­cle in­dus­try, such as pro­vid­ing sub­si­dies for car buy­ers, build­ing an in­creas­ing num­ber of charg­ing piles, and adopt­ing poli­cies to en­cour­age the re­search and devel­op­ment of bat­tery tech­nol­ogy.

Ac­cord­ing to the 2017 an­nual out­look re­port on global elec­tric cars re­leased by the In­ter­na­tional En­ergy Agency, China’s elec­tric au­to­mo­bile sales in 2016 ac­counted for 32 per­cent of the world’s to­tal, mak­ing it the largest elec­tric car mar­ket.

The growth of the mar­ket has in turn driven tech­no­log­i­cal devel­op­ment. Tak­ing bat­tery tech­nol­ogy as an ex­am­ple, the en­ergy den­sity of bat­tery power on av­er­age has in­creased by 30 per­cent, while the cost of pro­duc­tion has

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