China is considering temporarily easing quotas designed to boost production of electric cars to help automakers badly bruised by the coronavirus pandemic to revive slumping sales, people familiar with the matter said.
FILE PHOTO: Baojun E100 and E200 all-electric battery cars at a parking lot operated by General Motors Co and joint-venture partners in Liuzhou, Guangxi Zhuang Autonomous Region, China, February 28, 2019. REUTERS/Aly Song/File Photo
The United States had already planned to relax vehicle emissions rules. President Donald Trump’s administration on Tuesday completed a rollback of vehicle emissions standards adopted under predecessor Barack Obama. This will require 1.5% annual increases in efficiency through 2026 - much weaker than the 5% increases under the previous regime.
Authorities are still reviewing the details of the plan, which has yet to be finalised, sources said, declining to be named due to the sensitivity of the matter. The review is being discussed with officials at industry and environment ministries as well as automakers and industry bodies. The Ministry of Industry and Information Technology did not immediately respond to a request for comment. The Ministry of Ecology and Environment could not immediately be reached for comment.
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