China’s capital Beijing will cut its new car sales quota by almost 40% next year as part of an anti-pollution campaign, Reuters reported, citing a statement on the city government website. Over the next four years, Beijing will issue 150,000 new license plates annually, down from 240,000 each year now. The number of plates for clean energy vehicles will triple from 20,000 in 2014, to 60,000 in 2017. The change in policy could strengthen foreign carmakers’ determination to accelerate growth in China’s less crowded lower-tier cities.
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