In a bid to promote the spread of LEV/ZEV, MOE is seeking to provide more flexible measures for using excess credits. Under this revision draft, vehicle manufacturers have more flexibility to carry over, trade, convert excess credits. These measures are expected to help meet the supply target*.
* Current supply target
| Category | 2021 | 2022 | |
| LEV target (including ZEV target) | 18% | 20% | |
| ZEV target | 10% | 12% | |
| Differentiated supply target | 4% | 8% |
- Flexibility means that the excess credits of LEV/ZEV can be carried over, traded, or converted.
- Excess LEV/ZEV credits may apply interchangeably at a different ratio.
- 3-year carry-forward of excess credits is allowed, etc.
