China Pushes Electric Car Market with Hefty Subsidies and More GreenBiz com

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SAIC Roewe E50 Electric Cars

China Pushes Electric Car with Hefty Subsidies and

Starting today top Chinese SAIC Motor Corp. is offering a 13.5 percent cut to people who buy a new hybrid Roewe 750 during the five days of the industry fair.

The offer the sticker price on the country’s mass-produced eco-friendly car from yuan ($37,260), to 204,800 ($32,200), according to Reuters .

The on the Roewe 750 is just one of the incentives to the market for hybrids and electric in China . where the government to have 1 million cars by electricity on the road by 2015.

BYD rolled out the first all-electric car for the consumer market last in the tech-centric city of Shenzen, buyers of the BYD e6 are eligible for double the of a government subsidy to speed EV In the southern China city, the BYD e6 — a model previously only for government and taxi — comes with a price subsidy of 120,000 (about $18,800) that off about 32 percent from a price of 369,800 yuan $58,000).

The tech region is one of five in China where the government is up EV charging infrastructure and offering subsidies for electric car purchases and subsidies for hybrids. The other in the pilot are Shanghai, Changchun, and Hefei.

In Beijing, electric car can now bypass the city’s strict plate lottery. The measure, became effective last 1, is intended to reduce traffic and by requiring prospective owners of autos to draw lots for a plate before buying a

Beijing is one of the world’s top three for gridlock. but officials recently that the license plate will not apply to EV buyers in to promote the purchase of electric


SAIC Roewe E50 Electric Cars

The U.S. government also has set a for 1 million electric cars on the by 2015 . and EV Project is working to more than 14,000 stations across the country. is among the retailers joining the GreenBiz reported this summer.

The Cracker Barrel Old Country is coming on board with stations at 12 locations in Tennessee. The a Blink DC fast-charging station, was yesterday at a store in Lebanon, the retailer and EV Project manager said.

Vanderbilt University in also has installed EV chargers nine of them, five of were donated by Schneider .

Rounding out recent EV news, Aachen University says its to develop an affordable short-range EV the StreetScooter is being crowd-sourced dozens of industry partners. The is to produce a car that would about 5,000 euros have a range of 45 miles and three-plus-one, the one being room for a seat.

Image Credits: Top of Beijing CC licensed by Flickr poeloq. Inset images of SAIC Motor Corp. BYD and Peter Winandy for RWTH University.

SAIC Roewe E50 Electric Cars
SAIC Roewe E50 Electric Cars
SAIC Roewe E50 Electric Cars
SAIC Roewe E50 Electric Cars
SAIC Roewe E50 Electric Cars

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