Asia Pacific Policy

In Ford’s Asia Pacific region, sales in China are growing rapidly. Economic growth is a key priority of the Chinese government, to be balanced with energy security and the resolution of air pollution concerns.

The Chinese Ministry of Industry and Information Technology (MIIT) enforced the Stage III fuel consumption Monitoring & Reporting rule beginning July 1, 2012. We are on track to comply with this requirement through 2015. The China Automotive Technology and Research Center (CATARC) is developing Stage IV fuel-consumption targets for the Ministry, which are expected to be completed in 2014 and enforced in the 2016 to 2020 timeframe.

The Chinese government provides limited incentives for the purchase of “new energy vehicles” (including plug-in electric vehicles) made in China. The Chinese government also provides incentives of RMB60K (˜$9,700) per vehicle to customers who purchase plug-in or pure electric vehicle models approved as new energy vehicles.

India, Japan, South Korea, Taiwan, and Vietnam have released new or modified fuel-economy limits, while Hong Kong, Japan, South Korea and Thailand have set or are developing complementary tax incentives based on fuel economy and carbon dioxide targets.

Ford is actively involved in dialogues with governments across Asia Pacific in a number of areas, including sustainable mobility, energy security and environmental protection.