DENZA EV In China

DENZA EV In China

The Chinese government intends to further augment plug-in electric vehicle sales by increasing purchases from various government departments.

The latest move sets buying guidelines of more than 50% of new purchases to be NEVs (New Energy Vehicles - electric or plug-in hybrid).

State Council said:

"The annual purchase ratio of new energy vehicles for central government bureaus, city government departments with new energy vehicle promotions, and public institutions will be raised above 50 percent,"

There is no timeframe yet for implementation.

source: Reuters