Beijing cuts number of new car plates
Beijing will further reduce the number of new car plates available to buyers and encourage the use of new-energy vehicles in the next four years to reduce traffic gridlock and ease air pollution.
From 2014 through 2017, the number of new cars available to registered drivers in the capital, which is currently handled through the city’s monthly plate lottery, will be reduced from 240,000 a year to 150,000, according to a new regulation.
The number of applicants in the latest lottery, in November, was more than 1.74 million.
The new policy will ensure that the capital will add only 600,000 new cars in the next four years, including 430,000 gasoline vehicles and 170,000 new-energy vehicles. (Photo 1)