BEIJING, NNC - China's joint venture with Nissan Motor Co., Dongfeng Motor Co will increase the annual production of its first electric vehicle model for the Chinese market to 23,000 units in 2019, officials said.
In September, Dongfeng Motor launched the Zero Emission Sylphy model and hoped production at the end of this year could reach 9,000 units.
Reported by the Japan Times, the company, which was founded with carmaker Dongfeng Motor Group Co., plans to spend 60 billion yuan on the development and production of electric vehicles in China over the next five years, with a view towards increasing the proportion of electric vehicles in annual production to 30 percent.
They hope to be able to promote the sale of electric vehicles, as well as hybrid plug-in vehicles, in response to new regulations planned by the country to be introduced in 2019, as part of efforts to combat air pollution.
In 2019, the Chinese government will require producers who produce or import more than 30,000 vehicles per year to maintain the proportion of new energy vehicles, such as electric vehicles and hybrid plug-ins.
Dongfeng Motor, which sold 1.52 million units in China in 2017, aims to meet those requirements by introducing five electric vehicle models in 2019.