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2017 PV CAFC and NEV credits for 128 automakers and importers announced#

BEIJING – The Ministry of Industry and Information Technology (MIIT), Ministry of Commerce, General Administration of Customs and State Administration of Quality Supervision, Inspection and Quarantine jointly released results of 2017 Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle (NEV) credits for 99 domestic passenger vehicle manufacturers and 29 passenger vehicle importers on April 10.

The 99 domestic passenger vehicle companies produced 21.73 million passenger vehicles in 2017. A total of 60 companies had positive CAFC credits totaling 11,473,281 points, while 39 companies had negative credits totaling 1,487,229 points.

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