China has proposed to fast-track the construction of charging facilities for new energy vehicles like electric cars and improve policies for purchasing and using them. 

China which boasts of the largest auto market is accelerating toward an electric future. 

Improved charging infrastructure for new energy vehicles will help unleash rural consumption’s potential and support rural tourism’s growth, adding fresh impetus to rural revitalization, Reuters cites state media. 

The government is studying policies to promote auto consumption and support modernization as China’s NEV market faces the challenges of weak domestic demand. 

The cabinet, or State Council, has approved plans to speed up the development of advanced manufacturing clusters. 

NIO+1.24%+ Free Alerts, XPeng Inc XPEV+2.46%+ , and Li Auto Inc LI+0.17%+ Free Alerts compete against Tesla Inc  

TSLA+5.50%+ Tesla increased the prices of its Model S and Model X in China by 19,000 yuan or about $2,750. While the Model S is now priced at 808,900 yuan, Model X is priced at 898,900 yuan.