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China eyes increased investment in rural NEV charging facilities

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The Chinese central government plans to allocate funding to support a pilot project to beef up charging facilities for new energy vehicles (NEVs) in counties. “This aims to address the shortage of charging facilities in the nation’s rural regions, optimize the environment for the consumption of NEVs, and tap into NEV consumption potential in rural regions,” said Fu Jinling, a finance ministry official. The pledged investment in charging facilities in rural regions is part of the nation’s ongoing efforts to promote consumption, new investment, and low-carbon transition in accordance with an action plan of the government to push forward large-scale equipment upgrades and trade-ins of consumer goods.—Xinhua

 

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