Average fuel consumption credits of passenger vehicle enterprises

On June 22, the Ministry of industry and information technology revised the measures for parallel management of average fuel consumption and new energy vehicle credits of passenger vehicle enterprises vehicle enterprises, and clarified the requirements for new energy vehicle credits in 2021-2023, which were 14%, 16% and 18% respectively. New measures relax the requirements of average fuel consumption points of domestic passenger vehicle manufacturers with annual production of less than 2000 with independent production, R & D and operation, and also import enterprises with less than 2000 vehicles per year. From 2016 to 2020, if the average fuel consumption ofRead More →

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