China to Roll Out More Benefits to Promote Use of Energy Vehicles

China to Roll Out More Benefits to Promote Use of Energy VehiclesChina is planning to roll out more benefits from tax breaks in hopes to further promote the use of electric vehicles among private consumers to further cut down on pollution. The ministry of Science and Technology also announced preferential policies are expected a day after the State Council and the government will be exempting purchase tax for new energy vehicles including plug in hybrids, electric cars and fuel cell vehicles

China is also boosting the sales of electric vehicles and hope to hit the target of 500,000 new energy vehicles on the road by next year. But as of the moment the country has only 70,000 new energy vehicles in operation around half of these vehicles are public buses and taxis. The government is implementing more measures that will encourage private users in buying electric vehicles. Also the State Council is placing electric vehicles high on the agenda since new energy vehicles saves energy but helps control pollution too. Furthermore more charging stations will be constructed among residential compounds to accommodate private users.

The Chinese government said that they are aiming to cut the use of coal by 23 million tons this year to cut energy intensity by 3.9 percent a measure of the energy efficiency of the economic and is also pushing local governments in key cities to further implement measures that will cut down smog which is caused by heavy industries and car emissions.

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