Renault-Nissan: China to become top EV market by 2020
15 January 2016
The Renault-Nissan Alliance posted a brief noting that China is poised to become the top electric vehicle market in the world by 2020. In 2014, China registered 75,000 EV sales, giving it a global market share of 25%. In the first quarter of 2015, it registered nearly double that number.
China may already have reached the top EV sale position at the end of 2015 with over 150,000 EV/year.
Current year (2016) may see China way ahead of EU and USA with 200,000 to 250,000 EVs, if generous subsidies and local EV production are maintained.
Posted by: HarveyD | 15 January 2016 at 10:56 AM
It's amazing the progress that can be attained when a Government understands "Necessity is the Mother of Invention." In this case China's capital is being smothered by the 'smog of progress' and they are moving to alleviate the same mistakes it's taken us a half century realize. But, they are progressing while we are still trying to get by the fossil fuel lobby bloc.
Posted by: Lad | 16 January 2016 at 04:29 PM
Money is all powerful in our part of the world.
So do guns, coal, oil, NG, ICEVs, CPPs, etc.
Posted by: HarveyD | 16 January 2016 at 05:40 PM