Asia Pulse reports that China has allocated 880 million yuan (US$106.3 million) for developing electric vehicles for the purpose of energy conservation and environment protection. It is the latest evidence that China is serious about reducing dependence on fossil fuels and improving air quality in its big cities.

The report also said that Chinese scientists and technicians have developed the prototype of high-performance electric vehicle with fuel batteries.

According to Asia Pulse, Wan Gan, president of Tongji University in Shanghai who is also in charge of the research project, said that Chinese scientists and technicians have made much progress in the technologies related to key units, system integration and the complete vehicle.