News from Notch Consulting, Inc.

May 26, 2014

China moves to scrap 5M vehicles this year

Filed under: Auto — Notch @ 2:31 pm

From Reuters comes news of plans by the Chinese government to remove five million aging vehicles from the country’s clogged roadways this year alone, including 330,000 vehicles in Beijing alone.

In a wide-ranging action plan to cut emissions over the next two years, China’s cabinet, the State Council, said the country had already fallen behind in its pollution targets over the 2011-2013 period and was now having to step up its efforts.

As many as 5.33 million “yellow label” vehicles that fail to meet Chinese fuel standards will be “eliminated” this year, the document said. As well as the 330,000 cars in Beijing, 660,000 will be withdrawn from the surrounding province of Hebei, home to seven of China’s smoggiest cities in 2013.

Beijing plans to limit the total number of cars on the road to 5.6 million this year, with the number allowed to rise to 6 million by 2017. Last year it cut the number of new licence plates by 37 percent to 150,000 a year and is also paying for another 200,000 ageing vehicles to be upgraded.

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