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A number of new energy automakers recently took part in a study led by governmental departments regarding the issue, Wang added.
BAIC's delivery of new energy cars to buyers had been subject to delays due to insufficient demand and production capacity from late 2014 onwards, Wang stated.
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An engineer writes down test data of an E150EV in a BAIC New Energy Vehicles Co plant in Beijing on July 23, 2014. [Photo/Asianewsphoto] |
"We purchased components and parts ahead of time to expand our production lines in 2015," Wang said, pointing to the new policy.
BAIC has also joined forces with a charging station provider to set up a new company in order to gain a foothold in the market to provide charging stations in the Beijing-Tianjin-Hebei area.
Wang said that BAIC had sold 2,206 new energy vehicles in the first quarter of 2015 and the sales were expected to reach a peak in autumn. Its annual sales target is 20,000 cars, four times that of last year.
