From：Internet Info Agency 2019-05-22 15:46:02
#China’s Timetable for Phasing-Out ICEV
China Oil Consumption Cap Plan and Policy Research Project issued A Study on China’s Timetable for Phasing-Out ICE-Vehicles on Monday. The report assesses the feasibility for phasing out China’s internal combustion engine vehicles (ICEV), focusing on the benefits, uncertainties and risks associated with this transition. The end goal of the project is to propose a holistic plan for the phasing out of China’s ICEVs in the near future.
China is expected to phase out traditional ICEV nationwide by 2050. And private cars in the first-tier cities will be fully electric by 2030.
#HYCAN
IIA learned that GAC NIO, which was established in April 2018, released a new brand “HYCAN 合创 (Co-Creation)” brand on Monday. The new brand will adopt the operation mode of asset-light, incorporating the traditional automobile manufacturing skills and the innovation and Internet mentality of new automobile enterprises. It is not to subvert tradition, but to make it better. Meanwhile, the first concept car of the new brand appeared synchronously on Monday. It is reported that the first mass-produced model of HYCAN brand will unveil at the end of this year, and will be delivered in the first half of 2020.
