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It brings forward that 5000 billion Yuan will be invested in total and the values of 1500 billion Yuan can be increase per year from 2011 to 2020 in the emerging energy industry plan.
The subsidy for purchasing new energy vehicles makes the opening of the explosive growth of our new energy vehicles: "the subsidy policy for the private purchase of new energy vehicles" was introduced in June 2010, which was issued by four ministries. In July, the implementation ceremony of this policy was held in Shenzhen. We are convinced that it will be the first year of China new energy vehicles.
Investment objective for new energy vehicles: Wangxiang and SG Automotive for motor, electromechanical control; BYD and SAIC Motor for automobile; Yutong and King Long for large and medium buses.
Investment objective for lithium battery: Foshan Electrical and Lighting Co., Ltd,Do-Fluoride Chemicals Co., Ltd.,Beijing Easpring Co., Ltd.Beijing Easpring Co., Ltd.,CITIC Group, Shangshang Holding Company, Foshan Plastics Group Co.,Ltd,, and Guotai International Group.