The national development and Reform Commission suspended production licenses for electric vehicles earlier this year to control capacity expansion. At present, about 2000000 new energy vehicles are expected to be added every year, and the relevant institutions are re evaluating the production of electric vehicles.
The national development and Reform Commission to re open license news declined to comment, said it was to amend the existing license program, and hope to improve the threshold of new entrants.
Since March 2016, China has issued 15 manufacturing licenses for electric vehicles. Local manufacturers, Wanxiang Group, and the joint venture between Volkswagen and domestic manufacturers are among them, which has also promoted the competition in the automotive industry. Then, smart TV and air conditioning manufacturers are planning to enter the new energy automotive industry.
The most important is that foreign auto makers Ford and Tesla are ready to enter the China electric car market, in order to meet the increasingly stringent local carbon emissions and fuel economy requirements. Ford and the Anhui auto company's new joint venture plans to apply for the establishment of a factory, the annual production 100 thousand units of pure electric vehicles. According to the report said Tesla has reached a preliminary agreement in the local production and the government of Shanghai. Chief executive Ilon Mask (Elon Musk) this month told investors that the company from production and three years in China.
The license plan is also a key measure for the Chinese government to manage the world's largest new energy vehicle market. The Chinese government announced last week that it will launch a pilot program by June next year, allowing foreign automakers to set up wholly-owned electric vehicle factories in the free trade area. Starting in 2019, China will require most automakers to score new energy vehicles, or if they do not meet the requirements, or will face rectification or punishment.
With the support of the state, China surpassed the United States in 2015 as the world's largest new energy vehicle market, including pure electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. According to the China Automobile Industry Association, 507 thousand new energy vehicles were sold nationwide last year. China suspends the expansion of traditional gasoline vehicle capacity, aiming to increase the annual sales of new energy vehicles to 2 million vehicles by 2020.