China Passenger Vehicle Fuel Consumption Development Annual Report 2017 (December 2017)

iCET has been involved in the drafting of China fuel standards since its first iteration and has been tracking its development since. This report is the 7th iCET Annual Report evaluating China CAFC standard implementation status with recommendations for policy. This year the report, although covering various aspects of China corporate FC development, places considerable focus on the joint management mechanism of China existing CAFC standard and the newly introduced NEV credits system. The highlights of this year report are grouped around three themes: (I) fuel efficiency and the CAFC standard regime, (II) NEV super-credits (flexibility mechanism) and CAFC performance, and, (III) the newly introduced NEV credits system and the CAFC standard regime.