China delays electric car quota until 2019Staff Writer | September 29, 2017
China announced that it would delay until 2019 the enactment of a quota requiring automakers to produce a minimum number of electric cars after some foreign firms and Germany raised concerns.
Auto industry Green vehicles
China had released in June a draft regulation that would have imposed from next year a complex credit system for companies to dedicate a portion of their production to new-energy vehicles—electric and hybrids.
But the rules will now be applied from 2019, the industry and information technology ministry said.
Under the system, all types of vehicles will receive a certain number of credits, with green cars getting more points. A company's total credit score will be calculated based on its annual sales.
According to the new rules, electric and hybrid vehicles will have to account for at least 10 percent of a company's total credit score in 2019, rising to 12 percent in 2020. ■