RUQI MOBILITY GUANGZHOU ELECTRIC VEHICLE IN PASSENGER TRANSPORTATION Phase 2 PROJECT
#303of 1084 in China#360of 1339 in Verra (VCS)#2of 16 in AMS-III.C
Audit Analysis
A VCS-registered electric vehicle project in Guangzhou using the AMS-III.C methodology, with additionality confirmed via an investment test by the VVB. The project is at validation stage with no monitoring data yet available, and several key operational parameters (usage rates, monitoring method, CORSIA status) remain unstated. Two document-level contradictions were identified and resolved in favour of the validation report, but the low extraction confidence and absence of a monitoring report limit the depth of assessment.
Red Flags
- No monitoring report or monitoring period data found in the extracted record; all ERR figures reflect the validation-stage ex-ante estimate only
- Low extraction confidence across the document set, with one document of unknown type and the crediting period end date not stated
- Usage monitoring method and usage rates (assumed or verified) are not stated in any available document, leaving a gap in how actual EV utilisation is tracked
- Permanence and reversal risk are marked as 'not addressed' with no buffer pool percentage stated, although the avoidance nature of the project mitigates this
Credit Vintages
No issuances recorded on the registry.
Risk Indicators
VVB-confirmed investment test
Not addressed
0% with quantified justification
Project-specific; no reassessment due yet
Grievance mechanism present; FPIC not stated
CORSIA and CCP status not stated
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