China to Encourage Low-Emission Gasoline Cars Amid Green Push

  • Move will allow carmakers to make better use of existing lines
  • Regulators to also speed construction of EV charging stations
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China will encourage the purchaseBloomberg Terminal of light, small-sized and low-emission gasoline passenger vehicles while also promoting new-energy-powered automobiles amid the country’s push to reach carbon neutrality, a top central government planning commission said Friday.

Beijing will “reasonably guide” consumers to buy those type of gasoline vehicles while “vigorously promoting” new-energy vehicles and gradually eliminating restrictions on NEV purchases, according to guidelines on boosting green consumption issued by the National Development and Reform Commission and other agencies.