三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Motoring

Electric car industry shares boom on government plan

By Chai Hua | China Daily | Updated: 2017-09-12 06:50

Electric car industry shares boom on government plan

A worker on a production line of an E-car manufacturing factory in Xiangfan, Hubei province. [Yang Dong/for China Daily]

Shares of companies related to the new energy car industry surged on Monday, hot on the heels of the news that China is working on a timetable to ban the production and sale of fossil fuel cars.

Xin Guobin, vice-minister of industry and information technology, told the International Forum on Chinese Automotive Industry Development in Tianjin that the ministry will draw up a timetable to ban the production and sale of fossil fuel cars.

"It will profoundly drive the development environment and momentum of China's auto industry," he said, and pointed out that the industry should pay attention to the issues of excessive production and innovation of core technology.

Following his speech, the EV sector on Monday climbed 4.17 percent in the A-share market, while the Shanghai Securities Composite Index saw a slight increase of 0.33 percent.

BYD, China's largest electric-vehicle maker, gained over 7 percent in both markets in Shanghai and Shenzhen, while Shanghai-listed Guangzhou Automobile Group Co Ltd, another Chinese automaker manufacturing new energy cars, was also boosted by 4.67 percent at closing.

BYD on Monday won the bidding of 822 electric bus procurement plan by a Shenzhen-based bus operator, shortly after the announcement earlier this month that it will provide above 400 e-vehicles to another local public transportation company.

In addition, other companies related to the industry, such as raw materials, battery and charging station makers, all went up. For instance, Shenzhen Desay Battery Technology rallied 3.57 percent while Sunwoda Electronic ended up 5.44 percent.

Wang Liusheng, chief analyst of automobile industry at CSM Securities, said the plan reflects the government's long-term strategic support for the industry, but it still needs a long term to actually carry it out.

He estimated the deadline will be after 2030 because the size of automobiles in China is large and the penetration rate of EV cars now is low-only about 1.86 percent last year.

As the largest producer and market for new energy vehicles, China sold more than 520,000 EV cars in 2016 while the total sales volume of automobiles were 28 million.

The deadline will be sometime when the penetration rate grows to above 30 percent, he added.

Chen Zikun, an analyst at GF Securities, expects the Ministry of Industry and Information Technology to set a percentage in a period of time for fossil fuel cars to exit gradually and it won't be a mandatory requirement.

In short-term, Chen said the real factor shaping sales of EV cars in the next two years is still government financial subsidies, which the brokerage firm speculates won't decrease in 2018.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 在线免费黄色 | 精品久久网站 | 一级毛片黄色 | 亚洲国产精品自在现线让你爽 | 伊人青青久| 国产入口在线观看 | 亚洲人成网站在线观看播放青青 | 成年做羞羞免费观看视频网站 | 高清精品一区二区三区一区 | 欧美a区 | 欧美一级高清片在线 | 亚洲无线乱码高清在线观看一区 | 真实国产精品视频国产网 | 免费观看a黄一级视频 | 91视频网页| 国产乱弄免费视频观看 | 看一级毛片 | 东京加勒比中文字幕波多野结衣 | 国产亚洲欧美另类第一页 | www亚洲视频| 欧美视频一区二区在线观看 | 国产91网站在线观看 | 的九一视频入口在线观看 | 在线你懂的网站 | 欧美综合激情网 | 成年视频在线观看免费 | 拍拍在线观看免费播放 | 亚洲欧美日韩另类在线一 | 99久久精品国产片久人 | 国产毛片片精品天天看视频 | 在线免费看片 | 大片免费看费看大片 | 91亚洲精品一区二区福利 | 国产一区二区三区丶四区 | 国产美女无遮挡免费网站 | 九九99视频在线观看视频观看 | 免费在线观看日韩 | 国产网曝手机视频在线观看 | 国产精品第一页在线 | 一级特级欧美午夜片免费观看 | 国产高清在线a视频大全凹凸 |