Carmakers would be required to sell a certain number of pure-electric and plug-in hybrid electric vehicles and that has some of them concerned.
Full article: http://asia.nikkei.com/Politics-Economy ... -standardsChinese automakers are growing concerned with the ever-stricter standards. "If the new emissions standards are introduced in earnest," said an official of the China Association of Automobile Manufacturers, half of the country's carmakers, many of which lack advanced environmental technology, could go out of business.
China's new car sales came to 24.59 million units in 2015, the seventh year in a row in which China led the world. Chinese drivers in 2015 bought 40% more cars than their U.S. counterparts and five times more than Japanese did.
Looks like China might end up with a bunch of compliance EVs similar to California Hopefully that turns into full-on EV production in the near future!