Technology for environmentally friendly vehicles to be funded and developed by Chinese Government

Recently in news, the Chinese government announced that it will allocate a maximum of 2 billion yuan (US$316 million) annually from this year to help develop and launch new environmentally friendly vehicles to slash fuel consumption and emissions. The government will also be deploying other plans to ensure sustainable fuel usage such as the release of eco-friendly cars in rental companies of 25 pilot cities and the use of hybrid engines in public transportation vehicles of major Chinese cities. The needed infrastructure for such vehicles will also be prepared. By 2015, the government "hopes to have 500,000 electric and hybrid units on the roads, going up to 5 million units by 2020, as stated in the abovementioned article.

What does this mean for the cleantech industry? Learn how investors view upcoming trends in the cleantech sector and what technologies will make wining investments at Clean Technology Investment World Asia 2012. Find out which key investors are going to share their insights- download the event brochure HERE.

You can also get a sneak peek at the list of attendees by downloading the sample attendee list here .

Clean Technology Investment World Asia will take place in Singapore on 27-30 of June at the Marina Bay Sands Convention Centre. Join 350+ key cleantech investors, promising companies and important stakeholders in the industry. Contact Alison Hazell, Conference and Sales Manager at Alison.Hazell@terrapinn.com to find out how you can get involved.

Interested to attend? Register online HERE!