More cities added for alternative fuel vehicles
More cities have been added to a program to advance the use of environmentally friendly cars, taking the total number of cities and regions involved to 40.
An announcement from the central authorities included 12 more cities. The cities — including Beijing — have been set specific sales targets.
Cities in eastern regions are required to promote not less than 10,000 new-energy vehicles by the end of 2015, while targets for the rest are set at 5,000.
Beijing and Shenzhen have set their own targets of 35,000, pushing up the total for the 40 cities to around 320,000, according to a calculation by Hongyuan Securities.
That means at least 160,000 new-energy cars should be sold this year, over nine times last year’s national sales.