INTIEAPeople's Republic of China · Dual Credit SystemPolicyIn force

Dual Credit System

The Dual Credit scheme creates dual credits based on Corporate Average Fuel Consumption (CAFC) targets and New Energy Vehicle (NEV) targets. Increasingly stringent fleet-wide CAFC targets for auto-manufacturers will move from a 5L/100 km target in 2020 to 4L/100km by 2025 and…

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العرض المستخرج للقراءة · النص الأصلي للأدلة الامتثالية

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Country / jurisdiction: People's Republic of China · Year: 2017 · Status: In force · Level: National · Type: Voluntary

The Dual Credit scheme creates dual credits based on Corporate Average Fuel Consumption (CAFC) targets and New Energy Vehicle (NEV) targets. Increasingly stringent fleet-wide CAFC targets for auto-manufacturers will move from a 5L/100 km target in 2020 to 4L/100km by 2025 and 3.2L/100km by 2030. Credits are based on vehicle efficiency, electric range and weight. Additionally, mandated production targets are placed on auto-manufacturers for NEVs, based on the percentage of produced ICE cars. If, for instance, auto-manufacturers are in a CAFC credit deficit, they are able to use previously banked, produced or purchased NEV or CAFC credits. This is not the case for a NEV credit deficit, which can only use banked, produced or purchased NEV credits. The 2020 amendment updated NEV credit targets for 2021-2023: 14% of production/import of passenger LDVs in 2021, 16% in 2022 and 18% in 2023 (following 10% for 2019 and 12% for 2020).

Official source: https://www.miit.gov.cn/zwgk/zcwj/flfg/art/2020/art_2337a6d7ca894c5c8e8483cf9400ecdd.html

المصدر

https://www.iea.org/policies/14779

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