China sets real electric-car goal 10m car charging spots by 2020
Post date: Jan 13, 2011 9:53:45 PM
Beijing to prepare at least 10 million
car parking spots for electric cars by 2020,
a top executive at a Chinese automaker said
1 Million electric cars by 2020
10 Million charging spots by 2020
China's Minister of Science and Technology was quoted by state-owned Xinhua news agency in October as saying the country's production of electric vehicles could reach 1 million units by 2020, when many expect a total new-vehicle market of 40 million.
Consumers can now get incentives worth 120,000 yuan ($18,170) to purchase an electric car in 10 to 20 cities, Wang said.
$1 = 6.6 Yuan
source: reuters.com
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