BUSINESS New energy vehicles comprise 60% of 2020 Beijing quota

BUSINESS

New energy vehicles comprise 60% of 2020 Beijing quota

chinadaily.com.cn

16:56, February 07, 2020

Visitors learn about the Ulai EP9 pure electric overrun, one of the world's fastest electric vehicles, at the Zhengzhou International Convention and Exhibition Center in Zhengzhou, Central China's Henan province, on Oct 31, 2019. (Photo: sipaphoto.com.cn)

New energy vehicles account for 60 percent of the total amount of the small passenger vehicle quota for Beijing in 2020, according to an official announcement released on Friday.

This year's annual city quota for small passenger vehicles is 100,000 in total, with 40,000 for traditional energy models and 60,000 for new energy ones, the regulation and management office for the Beijing small passenger vehicle quota announced.

About 54,200 new energy vehicles will be allocated to individuals, accounting for 90.3 percent of the total annual quota for new energy small passenger vehicles.

The number of traditional energy small passenger vehicles for individuals is 38,200, accounting for 95.5 percent of the total amount.

The quota allocated to operational small passenger vehicles for traditional and new energy models will be 200 and 2,800, respectively.

Chinese and international carmakers delivered 1.206 million electric cars and plug-in hybrids in China in 2019, according to the China Association of Automobile Manufacturers.

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