This figure would undoubtedly include vehicles produced by foreign automakers. Toyota Motor Corp., said only last month that it will mass-produce an EV in China for the domestic market starting as early as 2012 through its joint venture with China FAW Group Corp.
Likewise, Nissan said last month that it was in talks with its Chinese partner, Dongfeng Motor Group, about sharing some of its cutting-edge electric car technology.
Green vehicles are key for the development of China's auto industry as tailpipe emissions already account for 70 percent of the air pollution in major Chinese cities, Wan Gang, Minister of Science and Technology, was quoted as saying. He did not project the country's overall vehicle output by 2020.
Beijing launched a pilot program in June to hand out rebates to electric and hybrid car buyers as it stepped up its efforts to cut emissions. The maximum subsidy for an electric-car buyer is 60,000 yuan ($9,036).
It is also subsidizing fleet operators in 25 cities to promote the use of clean-energy models in the country's public transportation system.
Over the next 10 year, the Chinese government will spend more than 100 billion yuan ($15 billion) to subsidize its fledgling green-vehicle industry, state media said, citing a draft plan, which will be released later this year or early 2011.
Wan added that an estimated 8.5 billion yuan ($1.2 billion) has been channeled into the green car industry from the capital market so far. The fund would help build up the country's battery output, which will be capable of supplying 150,000 electric vehicles by October 2011.
"That would be a big step for the electric vehicle industry," Wan was quoted as saying.
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