12th Five Year Plan (FYP) targeting 100,000 EVs in Beijing by 2015

The recently approved 12^th Five-Year plan (FYP) is targeting 100,000 in-use pure electric vehicles in Beijing by 2015, most of which will be passenger cars.

The development of new-energy vehicles in Beijing focuses on pure electric vehicles but does not exclude developing other types of new-energy vehicles, such as plug-in vehicles and hybrid electric vehicles. Currently, commercial electric vehicles for logistics and sanitation as well as the Midi pure electric taxies introduced by the Beijing Automobile Futon Vehicles have put into demonstration operations. However, there has still been no progress in private passenger cars.

The plan pointed out that in addition to enjoying the same level of preferential subsidies with Shenzhen, consumers that purchase pure electric vehicles will also enjoy the special privilege of “license-plate-lottery-free, no traffic restrictions and tax-free exemptions (paid by the government).” Experts believe the traffic restrictions and the license-plate rule in Beijing will provide electric vehicles a good opportunity to grow.

Source: Peoples Daily