Tax break for new-energy vehicles

By Li Fusheng (China Daily) Updated: 2014-07-14 07:03

An electric vehicle company in Ganzhou, Jiangxi. The central government is offering support to the city to boost production. [Photo/Xinhua]

The municipal government is also demanding that developers ensure at least 18 percent of parking spaces in communities are equipped to charge new energy vehicles.

State-owned electricity giant State Grid vows to provide all the support it can to residents who want to install charging facilities.

"As long as you have a parking lot, we will provide the power supply needed," said Shen Jianxin, deputy director of sales and marketing at State Grid.

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These measures will be needed as private charging facilities will eventually account for some 80 percent of the entire charging network, said Wang Cheng, a senior engineer at the China Automotive Technology & Research Center.

State Grid is also accelerating its pace of building public charging stations. Shen said it had built 500 charging stations and 22,000 charging spots by the end of June.

The country's largest power supplier will place an emphasis on the cities of Beijing and Tianjin as well as Hebei and Shandong provinces and the Yangtze River Delta region from 2014 to 2020.

The goals for 2020 are more than 62,000 stations and 670,000 spots, said Shen, who added that private capital is welcome to help build the public charging network.

At the same time automakers themselves are working with property developers and department stores to build public charging facilities.

Among others, Tesla owners now can charge their cars at the SOHO Wangjing community in Beijing. Chairman of SOHO China Pan Shiyi said his company will also work together with Tesla to offer charging facilities at SOHO communities in other cities.

German automaker BMW is working with major property developer Vanke Group to facilitate the installation and use of charging facilities in the communities it builds.

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