China Hybrid Bus Market Analysis28 Oct 2010 • by Natalie Aster
London - China expects to construct an environment-friendly and resource-saving society and accomplish the goal of 20% energy conservation as put forward in the 11th Five Year Planning, while developing hybrid city buses is one of the critical approaches to achieve energy conservation & emission-reduction. City buses are major gasoline consumers, and gasoline consumption accounts for 30% of overall costs. It is of far reaching importance and a necessary goal to achieve energy-saving among city buses.
Ministry of Science and Technology, Ministry of Finance, National Development and Reform Commission and Ministry of Industry and Information Technology jointly launched the project of "10 cities and 1000 new energy buses" in January 2009. It was decided the first 13 cities participating in the project are Beijing, Shanghai, Chongqing, Changchun, Dalian, Hangzhou, Jinan, Wuhan, Shenzhen, Hefei, Changsha, Kunming, Nanchang. The second group of pilot cities are under approval and may include Tianjin, Changzhou, Zhuzhou, Guangzhou, Xiamen, Xuzhou, Zhengzhou, etc.
At present, cities and regions that use and promote hybrid buses include Beijing, Yangtze River Delta, Pearl River Delta, the Bohai Rim Region, Dalian, Shanghai, Kunming, etc.
Published: September 2010
Price: USD 4,000
Report Sample Abstract:
With regard to the institutional environment, the "Interim measures for financial subsides in the energy saving and new energy vehicles demonstration and extension" was jointly promulgated by Ministry of Finance and Ministry of Science and Technology in February 2009. China’s subsidy standard for new energy vehicles further become the focus of the industry. As the first promulgated regulations of "Adjustment and Vitalization Plan for Auto Industry", the subsidy standard for new energy vehicles is considered as a signal of China to step up the implementation of the "Adjustment and Vitalization Plan for Auto Industry", as well as the foundation underlying the China’s future development. 2009 The "Adjustment and Vitalization Plan for Auto Industry" issued in March 2009 identifies the new energy vehicle development strategy centered by hybrid and battery electric vehicles.
The "Rules for the Administration of Permission to Produce Alternative Energy Vehicles" enacted by Ministry of Industry and Information Technology in June 2009 indicates that China’s hybrid vehicles have entered into the stage of development and maturity and become the key direction of new energy vehicles.
In the long run, China’s hybrid vehicles will enter rapid development stage in 2010 and the subsequent years. As for the near-term and mid-term target, China shall give priority to the development of BSG (micro-hybrid) and ISG (mild-hybrid) sedan cars, series hybrid buses and parallel hybrid buses. Target products include family vehicle, taxi and city bus.
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