Wednesday, April 25, 2018

China stakes claim on electric car market with 100 new models at auto show

Chinese car brands are staking a leadership claim in the global race to dominate electric vehicles, unveiling and promoting more than 100 new models at the country's annual auto show.
The LSEV is touted as the first mass-producible
3D-printed electric car in the world.
More than two-thirds of the hybrid and fully electric plug-in cars on display in Beijing are from Chinese brands, despite international car giants trying hard to court the huge local market with the unveiling of several new electric SUVs.

New energy vehicles (NEVs) aren't just fashionable in China's big cities — they are also being actively pushed by China's government through subsidies for manufacturers and a planned cap-and-trade quota system that will force car companies to make at least 10 per cent of their output NEVs or face fines.


Read the Bill Birtles story from ABC News - “China stakes claim on electric car market with 100 new models at auto show.”

No comments:

Post a Comment