Gov't Minister: 1 Million Electric Vehicles in China By 2020

Minister of Science and Technology Wan Gang estimates equivalent of US$150M has been invested in electric vehicle industry.

Published: 18-Oct-2010

China's annual production of electric vehicles will hit one million units by 2020, the official Xinhua news agency said on Saturday, citing a senior government official.

"As the world's largest auto market, new energy vehicles are key to the development of China's auto industry," Minister of Science and Technology Wan Gang said on Saturday.

Green vehicle are the way to go in future as automobile exhaust emissions account for 70 percent of air pollution in big cities of China, Wan said.

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