Chonqing energy-saving and new energy auto industry alliance, in which Chongqing Changan Automobile Co. Ltd. plays the leading role, was established on Jun. 2.

With over 30 automakers, components producers and research institutes, the alliance is aimed at building the largest new energy vehicle research and development, manufacturing and application base.

Chongqing municipal government will allocate 1 billion yuan to support the enterprises involved in this industrial base, and will also roll out favorable policies on many aspects including land-use, taxation, logistics and the pilot operation programs of new energy vehicles.

The Ministry of Industry and Information Technology remarked that it is in line with China's support package for the auto sector.

Changan Automobile plans to sell 50,000 new energy cars annually in 5 years, to help establish an industrial chain including both complete vehicle and key components manufacturers and to boost China's new energy vehicles.

Relevant standards on energy-saving and new energy vehicles have already be issued.

By People's Daily Online