ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

Eco-friendly cars creating little buzz

BYD's Qin, released a year ago, is fighting an uphill battle, with monthly sales slumping at a meager 1,000-plus.

GUANGZHOU, China -- Green cars have failed to gain traction among Chinese consumers despite an aggressive government push that includes generous subsidies and regulatory reform.

     The government has set a sales target of 336,000 electric and plug-in hybrid cars in a three-year period through 2015, but as of September, the cumulative figure was at 38,600, or a paltry 11.5% of the target. Automakers now face the tall order of selling more than 300,000 green cars in just about a year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more