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Chinese EV, plug-in hybrid output soars tenfold in July

(Reuters/REUTERS)
Sr
By:
Staff report
August 17, 2014 05:00 AM

Automakers, aided by government subsidies, produced 5,799 electric vehicles and plug-in hybrids in China in July, 10 times more than in the same month last year.

Last month, automakers built 3,728 EVs, 17 times the number a year earlier, according to the Ministry of Industry and Information Technology, the regulator of China's auto industry.

Output of plug-in hybrid cars totaled 1,036 units. No plug-in hybrid vehicles were produced in July last year.

Production of commercial EVs rose 85 percent year-on-year to 362 units, while commercial vehicles powered by plug-in hybrid powertrains surged 447 percent to 673 units.

In the first seven months of this year, total production of electric vehicles and plug-in vehicles in China jumped 280 percent form the same period last year to 25,946 units.

Output of pure electric passenger cars jumped nearly 700 percent from a year earlier to 13,829 units, and for plug-in hybrid passenger cars volumes are up 10 times to 5,027 units, the report said.

For commercial vehicles, output for pure electric vehicles rose by 46 percent, and by 60 percent for plug-in hybrids, it added.

China has set an ambitious target of putting 5 million electric or plug-in hybrid vehicles on the country's roads by 2020, part of Beijing's efforts to fight pollution and cut reliance on oil imports.

The government has unveiled a series of measures to help the industry, including tax breaks and subsidies for purchases of such vehicles.

Reuters contributed to this report

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