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Article: CHINA FUEL TAX REFORM TO UP COMMERCIALIZATION OF NEW ENERGY CARS.
- Article from:
- AsiaPulse News
- Article date:
- January 1, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SHANGHAI, Dec 30 Asia Pulse - New energy cars are expected to enjoy a good opportunity of large-scale commercialization in China fueled by the domestic fuel tax reform effective from the beginning of 2009.
At least eight Chinese automakers including Shanghai Automotive Industry Corporation (SAIC), First Automobile Works (FAW), Dongfeng, ChangAn, Chery, Geely, BYD and Great Wall are now making great efforts on research and development of new energy systems.
In fact, a group of new energy cars have already rolled off lines at Chery, ChangAn, Geely and BYD. BYD launched its first mass-produced plug-in hybrid car F3DM in mid-December and aroused worldwide ...