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BIZCHINA> Monthly Reports
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Electric vehicles drive closer to reality
By Hao Zhou (chinadaily.com.cn)
Updated: 2008-09-17 11:04
"The first batch of pilot charging stations will not only serve trial electric buses, but also be available for electric cars that would make up a great part of the future electric vehicle market," said an insider from the marketing department of State Grid Corp. "However, the construction of a nationwide charging station network has to acquire the State authorities' approvals." The construction cost of one charging station is estimated at between 250,000 yuan ($36,550) and 300,000 yuan ($43,860). Meanwhile, the Ministry of Science and Technology is going to put 10,000 hybrid, electric, and fuel-cell vehicles, as well as energy supply infrastructures for each kind of vehicle, into an experimental operation in more than 10 qualified cities around the country by 2010, revealed Wan Gang, the Minister of Science and Technology. The result will be the primary basis for government organs to work out polices for the development of new energy vehicles. .... The full text is available in the September Issue ofAuto China (For more biz stories, please visit Industries)
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