Energy-efficient vehicle plan to be out before June
By Lan Lan | China Daily | Updated: 2010-05-07 07:56
BEIJING - The long-awaited stimulus plan for new energy vehicles is slated to come out by the end of May, which will boost domestic production of energy-efficient vehicles, said analysts.
On Wednesday, the State Council, China's cabinet, urged relevant departments to launch implementation details of the incentive plan for new energy vehicles by the end of May.
Miao Wei, vice-minister of the industry and information technology had earlier noted the plan would be launched in March.
Photo