China May Relax Electric-Vehicle Production Quotas

Newswire

By Jake Spring and Muyu Xu BEIJING, March 13 (Reuters) - China is considering easing proposed quotas aimed at producing more electric vehicles, as Beijing gets pushback from the automotive industry over the scale and pace of the plans. If adopted, proposed changes under discussion could see a target of new energy vehicles (NEV) making up 8 percent of sales next year pushed to 2019, two auto executives said. The changes would lower targets from a draft policy released in September ...

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