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Over the next ten years, the Chinese government will invest more than Yuan 100bn (US$15bn) in subsidising the country's industry and infrastructure for environmentally friendly and alternative fuel vehicles. Around Yuan 60bn will be invested in developing energy-saving technologies, with the remaining funds to be used for the creation of an infrastructure capable of supporting energy-saving vehicles in certain cities.The Chinese car industry is maturing and follows other big manufacturers in their investment on electric mobility. The state supports this move by having set an official goal of 500,000 Chinese plug-in hybrids and electric cars produced by the end of 2011. To facilitate this goal, China launches a nationwide programme to install large electric vehicle charging stations. China is on track to lead deployment of this infrastructure in the coming years.
According to MIIT Telematics has been listed as one of the major project in China during the 12th Five-Year Plan period. The future investing will foucs on automotive electronics, information and communication and software solutions. It is expected that total market value of China Telematics industry will be more than 10billion USD and China will be the largest market for telematics services. However the telematics segment in China is still far from fully developmed owing to the lack of industry involvement and integration. Especially, the progress of consumer telematics development is laggard in China.

CHINA 2012 ELECTRIC VEHICLE FORUM garthering 200+ OEMs, Enterprise decision makers and China government officers, focusing building Chinese style sustainable EV infrastructure , Telematics technology, and strategic plan. We building a precious communication platform of technology exchange, business partnership and market development.

CHINA 2012 ELECTRIC VEHICLE FORUM including:

Conference Website: www.chinaevforum.com/2012/index.asp

For more details, please contact: FOX
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