2010/08/18

Fwd: Sinopec Plans Electric Car Chargers at Jiangxi Filling Stations

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Sinopec Plans Electric Car Chargers at Jiangxi Filling Stations
2010-08-19 03:35:46.311 GMT


By Bloomberg News
Aug. 19 (Bloomberg New Energy Finance) -- China Petroleum &
Chemical Corp., the country's largest oil refiner, plans to
install electric car chargers at its 41 filling stations in
Jiangxi province as the nation seeks to promote the technology.
Sinopec, as the Beijing-based company is known, has won
approval from the city government in Xinyu to provide electric
charging and battery replacement services, it said in a
statement on its website dated Aug. 17. Sinopec didn't give any
timing or costs for the plan.
In February, Sinopec joined Beijing Capital Sci Tech Group
in a venture to build electric charging stations in Beijing. The
oil refiner is also one of the 16 state-owned organizations that
formed an alliance on Aug. 18 to develop technology and products
for electric vehicles.
The alliance intends to promote the research and
development of the electric car industry and the commercial use
of these vehicles in China, according to the State-owned Assets
Supervision and Administration Commission, which founded it.
The government-backed group includes oil producers Cnooc
Ltd. and China National Petroleum Corp., along with automakers
China FAW Group Corp., Dongfeng Motor Corp., China Dongfang
Electric Corp. and China South Locomotive & Rolling Stock Corp.
Electricity network providers State Grid Corp. and China
Southern Power Grid are members, as are electric charging
service companies China Potevio Co., China Aerospace Science &
Technology Corp. and China Poly Group Corp.

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--Editors: Baldave Singh, John Viljoen.

To contact Bloomberg News staff for this story:
Jessica Ng in Beijing at +86-10-6649-7527 or
jng143@bloomberg.net

To contact the editor responsible for this story:
Angus McCrone at +44-20-3216-4795 or
amccrone1@bloomberg.net.