China Considering a $16 Billion EV Charging Network

Automakers are seeing the huge profit they can make on the virtuously growing Chinese economy. Especially by selling green cars, that are much needed there to oppress the also expanding air pollution in major cities. And it looks like the Chines government is preparing to accommodate such cars by planning a big electric charging station network.
Charging point in Italy 1 photo
Photo: wikimedia
In a private discussion with Bloomberg, two people familiar with the problem said that China is considering investing 100 billion yuan ($16 billion) in order to build more electric charging facilities, also saying that the official announcement will be made soon.

Having more points to recharge EV’s and plug-in hybrids will hopefully make people change their minds over buying such vehicles and look at their advantages.

Like in many other countries, China will too exempt green vehicles (electric, plug-in hybrids and fuel cells) from taxes and has also instructed some government departments to acquire such cars.

China has some of the most polluted cities in the world, where smog blocks most of the sunlight during the morning. One of the previous measures to limit tailpipe emissions was to allow cars with even and odd number plates drive in different days.

Tesla already opened several dealerships in China, despite a guy claiming he trademarked the brand before the automaker’s arrival. The Nissan Leaf will be sold as a Venucia e30 starting next month and BMW also announced plans to put the i3 on sale there soon.
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