Beijing ban could fuel electric vehicle demand

Beijing has been taking real steps to reduce its pollution after last year's Olympic Games brought the issue to a very public stage. There are already some rather complicated rules that drivers need to follow and, starting this year, cars will be required to carry a "yellow label" if they don't meet Euro I emissions standards. These standards were first adopted in China back in 1992. Cars that carry these labels will be banned from certain roadways in the city for at least one day per week. Fortunately, owners of such vehicles will soon be eligible for a subsidy that will offer as much as 25,000 yuan ($3,660) to replace the old vehicle with a new and cleaner model. If drivers fail to follow these orders, they face a fine of about $15. Currently, there are over 350,000 vehicles that are so labeled, so this isn't a problem that will be going away any time soon.
[Source: Examiner.com]
Reader Comments (Page 1 of 1)
Nick 10:49PM (1/07/2009)
$15 fee? Talk about an incentive!
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john 8:05AM (1/08/2009)
In a country where the average income is 210 USD a month, a 15 USD fee is not cheap! You can compare it with a 200USD fee in the USA.
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GoodCheer 9:45AM (1/08/2009)
... um, except that the "average" person in China does not own a car. I do not know what the average income of Chinese car-owners is, but I can guarantee you that it is many times higher than the national average income you cited.
noz 1:37PM (1/08/2009)
At least they have the balls to do something about a problem they have.
What are we doing here? Not much other than constantly complaining about corrupt politicians and money hungry corporations....but then when something is attempted, the same whiny morons complain about their rights.
Do people in this country want change or not?
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George Parker 7:26PM (1/31/2009)
Electirc Cars are for the future www.fuelvaporcar.com
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