One of China's largest automotive firms has announced plans for a new raft of low-emission vehicles.

Changan Auto revealed it would be investing 3 billion yuan, or around $372 million, in the green technology as the country continues its drive to improve the level of emission.

With China among the world's fastest growing economies, as a new generation of consumers take advantage of their increasing disposable income, there is huge potential for both the automotive and the emissions reduction markets.

According to state news agency Xinhua, the firm's move comes at the behest of the government, which is seeking to offer incentives for the production of non-polluting models.

Beijing has already introduced a series of environmental initiatives, with a fleet of clean-diesel buses recently being introduced to the country.

Part of a joint Chinese-American project, the US Environmental Protection Agency (EPA) agreed to work with Chinese partners to reduce particle emissions by 90 per cent on 30 of the capital’s diesel buses.

The buses will be fitted with two new technologies: one that can reduce particulates by 30 per cent, and another that when combined with low-sulphur fuel, can reduce particulates by up to 90 per cent.

Changan, which partners with American firm Ford, is one of China's largest car firms, currently controlling 37 per cent of the domestic car market.


Ÿ Adfero Ltd