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Green automobile to meet industrialization boom

(People's Daily)

17:03, March 07, 2012

Edited and translated by People's Daily Online

China’s new energy automobile industry will surf in its first high tide of industrialization in around 2015, said Ouyang Minggao, the head of general expert panel for the “863” Program of the Major Energy Conservation and New Energy Automobile Project.

According to analyses, between 2013 and 2015, Chinese automobile enterprises are expected to launch more new energy automobile types built in mass production successively. In around 2015, the sales volume of purely electric automobiles will reach between 200,000 and 25,000 vehicles. Adding the part of other types of new energy automobiles such as the hybrid vehicles, it is quite possible that the scale of new energy automobiles will exceed 1 percent of the total automobile sales.

“Generally speaking, if the market share exceeds the threshold of 1 percent, it will strengthen the market confidence and stimulate enterprises to increase investments, and then the new energy automobile industry will enter a period of relatively rapid development.”

However, Ouyang also believes that China's new energy automobile industry will not enter the phase of commercial use before 2020. He said that the new energy automobiles of mass production will still need the market examination and the mainstream commercial mode will still need to be improved as well.

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