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Chinese Government Sets 30% Alternative Vehicle Procurement Target for 2016

The Chinese government plans to devote at least 30% of its automotive procurement to “new-energy vehicles” by 2016, according to a mid-July announcement. “Central government ministries and agencies will take the lead on purchases of new-energy vehicles, a term that China uses to refer to electric vehicles, plug-in hybrids, and fuel-cell autos,” Bloomberg reports. “The government has identified EVs as a strategic industry to help it gain global leadership, reduce energy dependence, and cut smog that often reaches hazardous levels in Beijing and other cities.”

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