China takes Electrification of its transportation system very seriously and Chinese companies are very active now in the Lithium and Rare Earths space securing the supply of this strategic commodities.
"Lithium Drive: Electric Cars: Chinese 12th 5-year plan – New Energy, New Energy Cars. China has promoted Electric Cars to the status of strategic industry, Lithium and Rare Earths are already gaining status of strategic commodities as the base for this new disruptive technology - we will have a far reaching M&A developments from this explosive combination in these very small markets."
By Liu Yuanyuan, Contributor
June 10, 2011 |
June 10, 2011 |
Beijing, China -- Electric vehicle industry insiders recently revealed that China's Ministry of Science and Technology has no plan to publicly release the "12th five-year" (2012-2016) plan for electric vehicles. Nevertheless, the Ministry has already begun carrying out the plan. The application process for the first phase of 77 projects has been completed and the projects have won funding with the ministry totaling RMB780 million (approx US$120 million). There are also plans in place to provide additional funding as the projects progress.
Reportedly, the main goals of the ministry’s plan include advances in key electric vehicle technologies including batteries, electric motors and electric control systems with a focus on the development of light pure electric vehicles over the next five years, and calls to:
- Reduce production costs of batteries by 50 percent and to have
- Have one million electric vehicles on the country’s roads by 2015
- Expand the country’s annual production capacity of power batteries to 10 GW
- Establish a system standard for electric vehicles
- Increase the number of model EV cities by a factor of 10 annually, with an aim of exceeding 70 cities by 2015
- Install over 2,000 charging stations and 400,000 charging bays in the model cities
In order to achieve these goals, the ministry has set goalposts for the plan. For batteries, the plan dictates power battery modulation as the solution, scaling them up to a mass production capability. The plan also establishes a goalpost for the development of whole-vehicle integration technology to achieve a breakthrough in the performance and price ratio of hybrid vehicles to gain greater market share. Another goalpost includes the innovation of the technology support infrastructure with advances in light electric vehicle technology platforms and electric vehicle standard systems, focusing on battery recharging and replacement technology.
Professor Ouyang Minggao, Group Leader of 863 Major Project on Energy-saving and New Energy Vehicles, previously expected the country to have the capacity to produce 200,000 to 300,000 light electric vehicles annually by 2015.
According to the plan, Hangzhou, Zhejiang province will install 56 battery charging and replacement stations with 590 AC charging bays this year. By the end of 2016, Beijing will establish a smart battery recharging and replacement network consisting of 182 replacement stations, 68 recharging stations, 6 battery charging points and 210 battery distribution centers. Beijing aims to fully meet the capital's needs each step of the way as its use of electric vehicles increases.
By Liu Yuanyuan, Contributor
May 20, 2011 |
May 20, 2011 |
Beijing, China -- A tentative subsidy for purchasing electric vehicles (EVs) for personal use in Beijing has passed reviews by several government ministries and commissions with oversight authority and is expected to go into effect soon.
The plan was applauded by the automobile manufacturing industry as an opportunity to commercialize EVs. Automakers that have launched EVs including BYD, Zotye andChery, said that they look forward to Beijing paving the way for the general adoption of such vehicles. At the same time, rising oil prices are stimulating people’s interest in buying electric cars.
According to the scheme, Beijing will promote the purchase by individuals of 30,000 EVs cars by the end of 2012, comprising of 23,000 pure electric cars and 7,000 plug-in hybrid cars. The maximum subsidy for the purchase of a plug-in hybrid passenger car has been set at RMB 50,000 (approx. US$7,700), and a pure electric passenger car at RMB 60,000 (approx. US$9,200).
In order to support the adoption of electric vehicles, Beijing’s municipal government will subsidize up to 30 percent of the construction cost of charging stations and poles. Over a three-year period, the city plans to build 36,000 trickle-charging poles and 100 fast-charging stations, one battery replacement station, two battery recycling points, 10 specialized service stations and two information acquisition and processing stations.
On May 5, the first charging station in the Xizhimen district business area went into operation. The 180 x 44 foot installation is expected to accommodate five 14 kW AC charging poles that have the ability to simultaneously charge 10 two-ton electric sanitation trucks.
In addition to the scheme, a five-year plan for the improvement of the automotive sector in China’s capital, proposed by the Beijing Association of Automobile Manufacturers, has recently passed a review by the municipal watchdog authority for the sector, the Beijing Municipal Commission of Economy and Information Technology.
According to the plan, the city aims to have 100,000 pure electric cars on its roads by 2015. Buyers of pure electric cars will likely enjoy special privileges that include a waiver from vehicle taxes and the "odd-even" license plate traffic restriction. Privileges may also include the right to obtain a license plate without having to go through the lottery-based allocation system and as well as the government-provided purchase subsidy outlied above.
Several other cities across China are also actively promoting the adoption of new-energy cars. In Shanghai, the first eight pure electric cars bought for personal use were recently introduced to the road. Hefei, the capital of Anhui province, will complete the deployment of 585 JAC electric taxis and official vehicles within the year. In Hangzhou, the first new-energy vehicle exhibition center has opened on Huanggushan road, and in Haikou, Hainan province’s capital, the GreenWheel EV electric vehicle 4S store, the first store of its kind in the city, will debut on Qiongshan Avenue, the city’s main thoroughfare.