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Shanghai taking large steps to promote new energy vehicle growth in the city


Gasgoo.com - The Shanghai Municipal Commission of Economy and Informatization has announced that it is already making progress in its promotion of new energy vehicles in the city, the China Securities Journal reported today. According to their official announcement, funding for international and regional subsidies have already been put in place. Likewise, new energy automobile sales growth rates are continuing to steadily grow. The commission reaffirmed their commitment to help promote the growth of new energy vehicles in China.

According to the commission, these few months marks a major turning point for the growth of new energy vehicles in the city. On that note, several policies aimed at funding for and expanding the city's electric charging infrastructure are on the verge of being released.

Statistics show that a total of 4,346 new energy vehicles have been sold in the city from last year to this September. 3,039 of those, over 70 percent, have been destined for private use. Over half of the sales are of foreign branded vehicles. The government's efforts to support domestic manufacturers have also been successful, with sales of own brand models like the SAIC-GM-Wuling Roewe 550 plug-in electric hybrid performing very strongly.

Shanghai already possesses 24 charging stations and 2,100 charging posts spread across the city in close reach of businesses, universities, parking spaces and motorway rest stops.




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