China Plans Charging Stations for 5 Million Plug-in Cars by 2020

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China will add to subsidies aimed at speeding up the building of electric car recharging stations, targeting enough infrastructure to handle 5 million plug-in vehicles by 2020.

Aid for charging facilities will be expanded and local governments will be asked to disclose their favorable policies and incentive offers, the State Council said in guidelines posted on its websiteBloomberg Terminal, without elaborating on specifics. Newly-built residential buildings should all have charging facilities or set aside space for them, the cabinet said.