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China’s EV Subsidy

Revenge of the Electric Car

China is starting a program to subsidize buyers of battery-powered and plug-in hybrids. BEIJING—China will subsidize buyers of battery-powered cars and plug-in hybrids under a pilot program aimed at keeping the country competitive in the global race to develop an electric-vehicle industry, but which also risks a public backlash.

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

Green Car Congress

Therefore, the application of LPG/CNG is limited to taxies and buses in several cities like Chengdu, Chongqing, Beijing and Shanghai. Hybrids running on both electricity and gasoline, on the other hand, appear to be gaining momentum. At the 2009 Shanghai auto show, Chinese OEMs unveiled more than 20 hybrid models.

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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

The low cost of gasoline in the US will yield similar results. Most of the EV growth will occur in smaller vehicle segments: by 2030, vehicles in the C segment will be almost entirely electrically powered, while ICEs will remain the primary powertrain for pick-ups.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

The car came straight to Omaha from the Detroit auto show. BYD CEO Wang Chuan-Fu figured out how to make cheaper batteries than the Japanese by replacing machines with migrant workers. BYDs breakthrough all-electric E6, photographed at this years Detroit auto show. EMAIL | PRINT | SHARE | RSS DIGG FACEBOOK DEL.ICIO.US

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