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FAW eyes sales of electric vehicles in the most polluted cities in China.
FAW Group, the third largest automaker in the mainland, hoping to sell several thousand electric vehicles next year, particularly in cities suffocated by smog, after the models launched last month in Beijing Auto Show.
We will first target the cities that are under greater pressure to reduce air pollution, especially those that have set limits on new non-electric car licenses, Dai Dali, CEO of the new vehicle unit energy based business in Changchun, said the south china Morning post.
They include Beijing, Tianjin, Shanghai, Hangzhou and Guangzhou, where buyers must bid or join a lottery for the right to buy.
Shenzhen is also a prime target because it is one of the largest networks of charging and political support stations for electric vehicles in the country, while the large market of Chongqing and Chengdu is also attractive for FAW, has Dai said.
Philip Securities analyst Zhang Jing said in a research note that the policy of the license plate without queuing for electric vehicles is equivalent to a major grant invisible.
FAW, 60, carmaker owned formerly known as First Automobile Works, spent about 100 million yuan 126 million HK in 2010 to build a production base for electric vehicles with an annual production capacity of 20,000 cars.
Since production began in 2011, he made about 300 cars on a trial basis they were used as taxis and government vehicles in the northeast where coal consumption is at its highest.
We have accumulated extensive experience in the batteries of electric vehicle charging and maintenance in extremely cold climates, he said that we hope to sell several thousand units next year.
He said the commercialization of new energy vehicles has been limited by delays building charging infrastructure and battery FAW involved in efforts to stimulate demand instead of relying on government policies.
To strengthen its presence in the market, FAW provides grants certain users to set up battery charging facilities where they live it plans to build 10 charging stations in Changchun, each with 10 to 20 loaders, Dai said.
The Changchun government, the local power grid company, plans to build 30 charging stations for public transport in two years, he plans to build a total of 5,000 charging stations, including those for passenger cars Despite a lack of investment in the company charging the nascent battery, Dai said FAW is ready to get their hands dirty to better understand the market.
The financial performance of charging stations invested independently is very low, but this does not mean that he won t be profitable in the future, he said that we also look at the business model, the reason why we build charging stations us to gain some experience.
He noted the success of the China Putian as operator of the independent charging station China Business News last new city months Putian deputy general manager of energy unit Zhang Zhigang saying functioning Shenzhen broke even It also has stations in Beijing, Shanghai and Hangzhou.
FAW sales of electric vehicles eyes in the most polluted cities in China South China Morning Post, eyes, sales, electric vehicles.