Posts Tagged ‘GM meeting China EV mandate in 2019’

GM Will Meet China EV Mandate Without NEV Credits in 2019

New E100 helping to pave way for other GM EVs coming in 2018.

by on Nov.13, 2017

GM is counting on this Baojun E100 electric vehicle to help it meet China's EV production mandates by 2019.

Automakers around the globe are scurrying to try to meet China’s tougher-than-comfortable standards for NEVs, or New Energy Vehicles; however, General Motors isn’t sweating the deadline as it will make the time frame, the company says.

Matt Tsien, GM China’s president, said the company will make the 2019 production goals without having to buy NEV credits from other makers. The difficult 2019 quotas have many automakers hustling to make deals with China-based automakers to increase production of EVs.

Global Auto News!

GM’s deals with SAIC and Wuling, have the company on track to “at least meet, if not exceed, those credit mandate requirements.” (more…)