Connect with us

Hi, what are you looking for?



China Considering $16 Billion For New EV Charging Infrastructure

China’s fledging EV charging infrastructure may soon be getting a huge boost, based on recent rumblings in the industry. Reportedly, the Chinese government is considering providing as much as 100 billion yuan ($16 billion) in funding to help the expansion of the country’s — currently quite limited — charging infrastructure.

According to the rumors, an announcement should be forthcoming relatively soon — with the specifics of the policies involved. Presumably, one of the main motives behind the funding will be to increase the rate of EV adoption in the country. Something which the Chinese government has been working on for a few years now.

Given that the country is actually home to a number of notable EV companies — perhaps the most notable of which is BYD — the move seems timely, especially as a means to help address the monumental air pollution problem that the country is facing.

Image Credit: Flag of China on Yangtze River via Shutterstock.

Image Credit: Flag of China on Yangtze River via Shutterstock.


“Charging infrastructure and EV growth is a chicken-and-egg situation,” stated Ashvin Chotai, managing director of researcher Intelligence Automotive Asia. “It’s got to be a gradual process to scale up both EV sales as well as charging infrastructure.”

Bloomberg provides more on related initiatives:

Among recent government initiatives, China will exempt new energy vehicles — defined as electric cars, plug-in hybrids and fuel-cell vehicles — from a purchase tax starting next month, and has ordered government departments to buy such vehicles for their official fleets.

Supporting a strategic and emerging industry like new-energy vehicles is a “win-win” for industrial development and environmental protection, the central government said last month in the statement announcing the waiver of the purchase tax. Developing new-energy autos is important for spurring innovation, promoting energy savings and reductions in emissions, and will help to drive domestic demand and nurture new avenues of growth, according to the notice.

As per the most recent announcement, China’s central government is currently aiming for EVs to makeup about (at least) 30% of government vehicle purchases by 2016.

Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.


You May Also Like

Climate Change

While I watched the chilled host on the Macy’s Day Parade television broadcast talk about Tofurky as a vegan Thanksgiving substitute, I can’t say...


Following closely on the heels of rumors about sodium-ion batteries, BYD announced a new 20 GWh battery factory in China.


Environmental lawmaking to address global warming continues to confront hurdles, especially in conservative media, as money drives polarization over measures to tackle the climate...


General Motors is set to introduce new electric cars in China and may bring a Chinese EV to the US shortly.

Copyright © 2022 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.