Reporting by Norihiko Shirouzu and Yilei Sun in Beijing; Editing by Christopher Cushing China's Ministry of Industry and Information Technology is considering the re-classification of hybrid vehicles, which are currently classed the same as fossil fuel-powered vehicles. The proposal aims to give hybrids an advantage over petrol and diesel-powered cars. According to a report by China Daily, the ministry has been studying whether it should classify electric vehicles such as those made by Tesla Motors Inc (TSLA.O) or General Electric Co (GE.N) in
China's Ministry of Industry and Information Technology is considering the re-classification of hybrid vehicles, which are currently classed the same as fossil fuel-powered vehicles. The proposal aims to give hybrids an advantage over petrol and diesel-powered cars. According to a report by China Daily, the ministry has been studying whether it should classify electric vehicles such as those made by Tesla Motors Inc (TSLA.O) or General Electric Co (GE.N) in