China Backing Off Tough Electric Car Sales Mandate

By Jon LeSage China will be reducing its strict mandate for selling plug-in electrified vehicles in that market.
Daimler CEO Dieter Zetsche said on Friday that the mandate will be softening, coming from talks in Berlin prior to a Germany-China summit held this week.
While several global automakers have big plans for selling PEVs in China, they would like to see the government back off its proposed policy mandate that 8 percent of new vehicle sales be all-electric and plug-in hybrid vehicles by 2018.
German Chancellor Angela Merkel met on Thursday with Chinese Premier Li Keqiang to discuss the issue. The Chinese premier said a “solution”

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