The State Council issued the "energy-saving and new energy automotive industry development plan (2012-2020)" directive identifying that pure electric drive is the main strategic orientation of new energy vehicles. SORL's mission is to help industrialize pure electric and plug-in hybrid vehicles, promote and popularize non-plug-in hybrid vehicles, and enhance energy-saving combustion engine vehicles, to increase the overall technological level of China's automotive industry.According to the plan, by 2015, the cumulative production and sales of pure electric and plug-in hybrid vehicles will reach 500,000 units. By 2020, the production capacity of pure electric and plug-in hybrid vehicles will reach 2 million units, while cumulative production and sales are expected to exceed 5 million units. Development of battery-powered and hydrogen-powered technologies will increase with the growing acceptance of new-energy vehicles globally.
SORL Launches Electrically Controlled Power Steering Pump For The Electric Bus Market In China
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