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When Will EVs Hit Primetime?

Revenge of the Electric Car

In China, leading automakers BYD and Chery have announced plans to roll out their own electric models within the next two years. Similarly, in China, the sheer size of the auto industry and the country’s ambitious clean-energy goals suggest a potentially huge market for electric cars. Investors, too, are excited.

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Goodbye GM, Hello Tianjin-Qingyuan Electric Vehicle Company?

Plugs and Cars

And these days a billion dollars is barely a rounding error in the money going to prop up the American auto industry. BYD already has a plug-in hybrid for sale in small numbers in China, and has Warren Buffet-infused plans to market PHEVs and EVs in the US within a few years. Can I charge my new EV here?

GM 100
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2020 Top 10 Countries in the Global EV Revolution

EV Sales

France’s auto industry is probably the largest Western auto industry that goes completely under the radar in the US. In South America BYD seems the only E-bus act in town. Claim to fame: Peugeot-Citroen jumps into the fray — but Zoe takes the cake. Domestic market not shabby either. I have no idea.

2020 52
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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Moreover, EVs are not only proving to be more robust amidst an auto industry in decline, but they are also already displaying some signs of recovery. Chinese car producer BYD even recorded a 337.25% increase in March sales amongst its fully electric and hybrid car models.

Economy 52