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IDTechEx forecasts growth in electric bus and taxi market to $54B in 2021; buses the majority, China largest market

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A new report from IDTechEx , “Electric Buses and Taxis 2012-2022”, projects that the market for electric buses and taxis at ex-factory prices will rise 8.7 billion in 2011 to $54 billion in 2021. China will become by far the largest market for both electric buses and electric taxis. times from $6.24

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Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

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According to figures released by the China Association of Automobile Manufacturers (CAAM), in the first eleven months of 2012 Chinese self-developed brands exported 470,000 passenger vehicles in total—with automotive manufacturers on average showing a 30% sales increase over 2011 figures.

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Report: BYD to test market e6 EV in US in 2011

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BYD earlier this year began selling e6 cars to taxi operators in the southern Chinese city of Shenzhen and is collecting field data to improve the car. Li said BYD will make the e6 available for purchases by private buyers in the US in 2012.

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BYD and Hertz partnering on EV rentals in China

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As part of the partnership, Hertz will rent BYD’s e6 electrical vehicle (EV) to Chinese consumers, municipalities and government agencies. The BYD e6 has been in use in Shenzhen taxi fleets for more than a year; the first fleet of 50 e6 taxis have now surpassed 2.5

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Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate

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New Energy Vehicle (NEV) Industry Development Plan (2011-2020), announced in June 2010, is targeting a domestic production capability of 1 million NEVs (with PEVs accounting for 50%) during the period of 2011 to 2015 and 5 million NEV unit sales by 2020. Battery-electric (BEVs) will outsell. China’s Energy Saving and.

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Frost &: Sullivan: Three Phases for Green Cars in China

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Therefore, the application of LPG/CNG is limited to taxies and buses in several cities like Chengdu, Chongqing, Beijing and Shanghai. At the 2009 Shanghai auto show, Chinese OEMs unveiled more than 20 hybrid models. Chinese OEMs have multiple incentives to develop electric vehicles. Electric Cars, the Next Movement.

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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

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ZAP Jonway plans to introduce an electric A280—the “little brother”to the A380 being used as an electric taxi. ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. Click to enlarge. million in cash. Earlier post.)

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