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Shenyang eyes 300,000 of NEV capacity by 2020

iconDec 4, 2018 16:05
Source:SMM
The city also plans to put 20,000 NEVs into use by 2020

SHANGHAI, Dec 4 (SMM) – Shenyang in China's northeastern province of Liaoning aims to expand its capacity of new-energy vehicles (NEVs) to 300,000 units by 2020, according to an action plan on NEVs released by the local government on November 25. 

By 2020, the city also plans to put 20,000 NEVs into use, as well as to build 200 charging stations and 21,000 charging points. Production of NEVs is set to reach 100,000 units in 2020, according to the action plan. 

To promote NEVs, the Shenyang government will provide local subsidies, at 50% of state subsidies, for NEVs that meet certain standards. This is effective from the date of release on November 25, to the end of 2020. 

Market commentary
New Energy Vehicle
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