China set up a new alliance on Wednesday to unify standards and speed up the research and development of home-made electric vehicles, the Beijing Times reported.
Electric vehicles will boost China's ambition to improve energy efficiency and cut pollution, said Dai Yande, deputy director of the Energy Research Institute (ERI) affiliated with the National Development and Reform Commission.
The country has vowed to cut carbon dioxide emissions per unit of GDP by 40-45 percent by 2020 from the 2005 level.
The non-profit alliance is made up of 16 state-owned enterprises from relevant sectors, including China's top three oil companies, two top power grid operators, and three major automakers - China FAW Group Corp., Dongfeng Auto Corp., and Chang'an Auto Corp.
The alliance, initiated by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), received 1.3 billion yuan (186 million US dollars) for its startup.
The 16 SOEs signed the alliance constitution and promised to join efforts to develop new technologies for energy-saving and environment-friendly products.
SASAC minister Li Rongrong said China should take further steps to build internationally competitive electric car brands based on its huge car parts-making capacity and leading fuel cell technologies.
Li said the alliance will also open the door to private enterprises. "The SOEs are the pioneers to form the electric vehicle industry and we would like to include other companies after the alliance goes into normal operation." |
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